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Auto-enrollment, auto-escalation, participant investment advice and Roth 401(k) availability are among the important traits of a plan.
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Americans are embracing the prospect of higher life expectancies but worry about the financial tradeoffs, including healthcare costs, retirement income, and outliving their savings.
As brokerages expand, concerns over conflict of interest and fiduciary breaches abound.
The U.S. fell three spots to 24th in a global retirement ranking, highlighting growing pressure on employers to help workers save and plan for rising costs.
Workers estimate they’ll need over $5K in monthly retirement income, but many have no clear strategy for turning savings and investments into a steady paycheck.
When speakers of other languages enroll with confidence, receive support and use plans wisely to contain costs and reduce claims, everybody wins.
