Consumers ‘comfortable’ with debt
M&T Bank recently released the results of a study that found that close to 80% of those who took part in a phone survey have little-to-no debt or are "comfortable" with their debt level.
Ruthie Ackerman
Editor
More Americans staying in the workforce longer
With less guaranteed income when they retire, a larger number of older workers remained in the workforce in 2010, according to research by the Employee Benefit Research Institute.
Women putting less away in HSAs
Women are not only saving less for retirement than men, but are also putting fewer dollars into their health savings accounts and health reimbursement arrangements as well, according to the most recent research by the Employee Benefit Research Institute.
More at risk of missing retirement goals
A greater number of U.S. households are at risk of falling short of money in retirement because of the housing and financial crisis, according to a report.
Retirement advice along gender lines
Men and women have distinct approaches to financial management, according to a new survey from Charles Schwab.
HSAs gaining popularity, but balances falling
While the number of health savings accounts and health reimbursement arrangements increased in 2010, average individual account balances fell, according to a report released on Tuesday by the Employee Benefit Research Institute.
Women will rebound faster than men
No question about it the recession hurts. But women will heal faster from the economic turmoil than men, according to a Bank of America research note.
Worried about future debt than current or past
Americans are significantly more concerned about future expenses than paying off existing debt or paying their current bills, according to a poll conducted in October by InCharge Debt Solutions.
More education, more retirement confidence
The more education a person has is strongly correlated with how confident they are about their retirement and their ability to save and plan for it, according to the 11th Annual Transamerica Retirement Survey.
Women drive annuitization market
According to a new LIMRAs Guaranteed Income Annuities report, women buy six of every 10 immediate annuity contracts, a significant chunk of the $250 billion annuitization market.
401(k) balances increase, but so do loans outstanding
The average 401(k) balance skyrocketed nearly 32% in 2009 more than making up for the massive losses of 2008.
ETF assets hit highest level on record
Assets in U.S. exchange-traded funds rose to $924.9 billion as of Oct. 31 – its highest level on record – up $39.9 billion or 4.5% during the month.
What do retirement plans need to work?
For defined contribution plans to work, large U.S. retirement plan sponsors believe they should be mandatory, and include auto enrollment, savings escalation and employer contributions, according to a recently released study by Northern Trust.