Participants Say DC Plans Fall Short in Key Areas
Forty-five percent of participants believe their DC plans will not help them meet their retirement goals, according to a Prudential...
Tag: Retirement Income
Women Need More Savings for a Dignified Retirement
Aon Hewitt projects that women will need 11.5 times their final pay to be able to live a dignified retirement,...
Majority of Social Security Benefits Eaten Up by Health Care Costs
Many retirees wish they had delayed taking Social Security benefits in order to receive more income.
401(k)s 'Not Suitable' Retirement Income Vehicles
Cerulli suggests that 401(k)s can learn from 403(b)s about retirement plan decumulation.
Some Participants Plan Never to Retire
It’s a grim but unsurprising truth, and one plan sponsors should contemplate: the less assets an individual has saved for...
Many Retirees Not Taking Advantage of Delaying Social Security
Four in 10 Americans age 50 or older plan to take Social Security before full retirement age
Benefits |
Equity Compensation Can Help with Overall Financial Plans
Whether it is to fill in the retirement savings gap or part of an overall financial strategy, equity compensation plans...
‘Hybrid’ Income Strategy Best for Retirement
Research from TIAA Institute suggests the insurance value of a GLWB may be overstated relative to the typical cost of...
In Some Cities, Small-Business Plan Sponsors Are Rare
Pew researchers further find metropolitan areas with low retirement plan access rates are heavily concentrated in certain large states.
Employees Say They Cannot Afford to Save for Retirement
A survey found not being able to afford to contribute is the top reason employees say they do not participate...
Products |
Paper Offers Guide to In-Plan Deferred Annuities
A white paper from Principal discusses how in-plan deferred income annuities address risks employees face in retirement.
Participants Would Like Sponsors to be More Hands-On
Many would welcome automatic enrollment and automatic increases.
Nearly All States Miss Median Income Replacement Target
Nationally, the median income for those who are 65 and older is just 60% of the median income seen among...
Groups Ask for More Guidance About QLACs
A letter to the IRS notes that it is rare for a DC retirement plan to offer a QLAC option...
Retirees Have Advice for Younger Workers
Roughly three in five recommend those younger than them start saving earlier in their career (63%) or save more throughout...
Context Is Important for DC Plan Research
Defined contribution retirement plans are a constant subject of research and analysis, but that doesn’t mean they’re easy to describe...
Products |
Actuaries Release Online Longevity Analyzer for Participants
Explaining the motivation for releasing the new tool, the groups observe that life expectancy is usually given as “a single...
Fallout for Retirement Plan Sponsors from Government Imprudence
Social Security should now be looked at as a foundation for retirement income, but not the whole house.
Retirees' Average Nest Egg Is a Mere $119K
On average, retirees are living on $32,000 a year.
Thoughts of Mortality May Inhibit Annuity Use
Researchers found discussing annuities caused people to think about their death, which may explain why few retirees use annuities.