Tag: 401(k) plans

Ninety-one percent believe their savings will last throughout their lifetime, MassMutual found in a survey.

It consists of six live, web-based training sessions conducted over a three-month period.

The Investment Company Institute also found 401(k) plan participants investing in mutual funds tend to hold lower-cost funds.

According to the firm, the Total Stock Market Index Fund, which remains in the investment menu, is the best proxy for the U.S. market.

The appellate court found Bank of America did not profit from transferring participants' 401(k) accounts to a cash balance plans and noted that previously the bank entered into...

However, if retirement expenses are reduced to 80% of average expenses, 82.1% are on track to not run short.

A survey finds that to prevent future retirees from challenges, governments and employers will have to step up to the plate.

Only 2.7% discontinued contributions, according to the ICI.

Eighty percent of American workers surveyed said they would like to hear congressional candidates discuss retirement security.  

That is followed by not saving for an emergency, and taking on too much credit card and too much student loan debt.

The flows went primarily to bond, stable value and money market funds.

Half of Millennials expect to retire with financial stability, although most admit they do not know how to successfully invest, PNC Investments found in a survey.

The book continues to show that plans with higher average account balances pay lower total fees.

While 64% of couples in their 20's discuss retirement savings, this drops to only 48% for those 40 and over.

More plans are auto enrolling at a greater than 3% default deferral rate, and 13% of plans are increasing deferrals at more than 1% annually, a PSCA survey...

It is available to workers 18 years and older who have contributed to a company-sponsored retirement plan or IRA.