Can Employers Help Americans Struggling to Save Amid Inflation?
More than 20% of U.S. workers made reported borrowing from their retirement savings in 2022, according to FinFit.
Tag: retirement savings
Disability-Affected Individuals Need Better Retirement Preparation
Among disability-affected retirees, 61% said they did not save enough for retirement, and a new EBRI report lays out ways...
Is the HSA a Health or a Retirement Savings Benefit?
Panelists at the PLANADVISER/PLANSPONSOR HSA Conference discussed how to position the HSA to get the most out of the benefit...
Roundtable
What Participants Need
3 industry experts weigh in on how employers can help participants meet their retirement goals.
Fears of State IRA Plans Overtaking Private Not Realized, Data Shows
States that have implemented retirement savings programs for employees have not crowded out private plans, new research from the Pew...
Data Shows 68% of Parents Make Financial Sacrifice for Adult Children
Among parents helping their adult children, 43% of parents have made dipped into their retirement savings.
Gig Workers Uncertain if They Will Retire, Likely to Self-Fund if They Do
Many freelancers plan to work beyond 65, and 30% say they don’t plan to retire at all.
For NQDCs to Meet Growth Potential, Experts Turn to Customization
Less than half of recordkeepers currently offer “top hat service” for highly compensated employees.
Latino-Owned Businesses May Be Poised for 401(k) Plan Growth
As state mandates for small businesses take hold, industry players see opportunity in reaching the underserved Latino population.
Labor Tightness Drives More Immediate Eligibility for Retirement Deferrals
The tight labor market has pushed employers to offer attractive retirement savings plans, according to experts at Vanguard and Fiducient...
Fidelity: Gen Z Savers Pour Into IRAs
For all age groups, however, average 401(k) balances were down 23% in 2022 due to declines in both stocks and...
AON Boosts Staff to Further $1B Pooled Employer Plan
Aon continues pooled employer plan push, adding headcount to keep adding beyond over $1B in reported assets and commitments in...
Retirement Saving Hardest Financial Habit for Homes to Adopt
Hearts & Wallets finds just 43% of households have a habit of retirement saving, even as financial wellness tools and...
Employers Working to Address Growing Concerns for Emergency Saving
HR leaders are struggling to manage the array of employee stressors related to a lack of emergency funds.
Experts: More Hackers Going After Retirement Savings
Cybersecurity experts say they see an increase in theft of participant data from retirement plans, and warn about scams in...
Bear Market Draws Attention to Actively Managed Funds
Active and passive funds have both found success in retirement saving plans, but recent volatility is providing further analysis for...
Self-Directed Retirement Investors In Brokerage Accounts Stay in Equities Despite Volatility
According to a Charles Schwab report, the average account balance decreased approximately 20%, year-over-year.
Self-Directed Investors Confidence Down Due to Challenging Market
Nearly half of self-directed investors feel less confident in their ability to save enough money to live comfortably throughout retirement,...
Retirement Account Balances Down 21% or More in Q3, Fidelity Data Shows
Data from more than 35 million participants in Fidelity accounts shows a steep hit to balances during the market downturn,...