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Investors stuck with their retirement savings plans in 2010, the Investment Company Institute said Tuesday, basing its findings on data from more than 23 million defined contribution accounts.
Only 2.4% of participants stopped contributing to their 401(k) accounts in 2010, compared to 3.4% in 2009.
Lee Barney has been the editor of Money Management Executive since 2002 and has been writing about Wall Street since 1993. Previously, at United Medias Wall Street & Technology magazine and … Read full bio
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The CRO of retirement plan provider Human Interest explains how employers can simplify retirement plans and boost participation.
A wide range of employers are expressing a greater desire to measure risk, achieve more predictable retirement benefit costs, and retain top talent.
A Deloitte analysis shows that alternative allocations — to private equity, private credit and other vehicles — in DC plans could grow quickly.
There's value in having money in one place, but some 401(k) rules make rollovers more trouble than they're worth.
Unexpected retirement plan fees are forcing some small and midsized employers to reduce matching, cut benefits, or abandon 401(k) offerings, survey says.
