Tag: Retirement Income

The majority would sacrifice some pay for workplace access to guaranteed retirement benefits, a survey finds.

Future retirees will need upwards of $400,000 to make up for the pension income shortfall, IRI says.

Research finds DC plan sponsors are hesitant to offer retirement income solutions in their plans.

TIAA says annuities could make up for savers’ false expectations about their retirement readiness.

GAO gave the DOL seven recommendations to address 401(k) plan sponsors’ fear of offering lifetime income options in their plans.

The Senate Special Committee on Aging heard about the Bipartisan Policy Center (BPC) Commission's recommendations that could increase and improve...

Research found individuals would forego up to 5.7% of total lifetime consumption to fully insure the risk of retirement date...

However, they are waiting on safe harbor guidance from the DOL before offering annuities in plans.

Less than four in ten Gen X DC plan participants surveyed believe they will have enough for a comfortable retirement.

According to research published in The Financial Analysts Journal, most retirement calculators cheat investors out of at least six years...

The IRS has moved to allow plan participants impacted directly by historic flooding in Louisiana to utilize retirement savings in...

But even 36% of the highest socioeconomic status households have a retirement gap.

While only 18% of Millennials are confident in their golden years, they are the generation best positioned in terms of...

A research report identifies potential strategies for setting up retirement income solutions in DC plans and considerations for plan sponsors...

“Taking into account the aging brain to help people make the right decisions at the right time is important,” says...

Of this group, only 50% has started saving for retirement.

Of those offering lifetime income solutions to participants, the majority prefer systematic withdrawals and education rather than guaranteed insurance-backed products.

Adding an annuity option to the plan is similar to adding any new investment to the plan, said Geoff Dietrich...

It shows plan balances and projected retirement income.

By comparison, only one quarter of retirees in all age and income groups have debt.