TIAA also discovered that participants with web access are twice as likely to seek out advice as those without web access.
The bill does not impact tax breaks for retirement savings.
Forty percent plan to increase their deferral rate, up from 24% in 2016.
The company has set up pages on Facebook, Twitter and LinkedIn to educate people about retirement
The damage is worse for younger workers, as their savings time horizon is longer than older workers.
For someone making $90,000 a year, that would jump to $277K, America's Best 401k says.
Data shows that only 20% of people 65 and older were in the workforce in 2016, yet 56% of workers plan to continue to work, at least part-time, in retirement due to inadequate savings, the Transamerica Center for Retirement Studies found.
They are willing to cut back on going out or taking vacations in order to save as much as 50% of their paychecks.
Although credit card debt is keeping half of surveyed Gen Xers from starting to save for retirement, 63% say “everything will just work out” in their retirement years.
However, a survey found 53% of employees would like their employers to offer tools to help them improve their financial situation.
But 40% say the Great Recession has had no impact on their lives whatsoever.
More than one in three retirees actually see their assets grow, BlackRock and EBRI found.
However, research finds workers with a lower socioeconomic status have a harder time staying in the workforce.
ICI also reports DC plan participants remained committed to investments and contributions.
Sixty-four percent have financial goals.
People are carrying an average debt load of $140,113, GoBankingRates.com found in a survey.
In-plan lifetime income options are offered by more than half of not-for-profit plan sponsors surveyed, but among those that don't, misconceptions exist.
Single people are saving less and more worried about being secure in retirement than their married counterparts, a survey finds.
The majority of outflows from retirement plan participant accounts came from U.S. equities and company stock, despite powerful stock market returns for the year thus far.
Employers will be able to help employees pay off their student loan debt.