6 retirement strategies for when workers can’t save more
Rising costs and competing financial priorities are making it harder for younger workers to save for retirement.
Retirement benefits
401(k) plan sponsors expand financial wellness offerings
As 401(k) balances continue to grow, advisers say it's crucial that employees are educated on how to effectively manage their portfolios.
Why older Americans are stuffing their IRAs right now
With retirement pressures mounting, Gen Xers and baby boomers are increasing IRA contributions in a bid to catch up, according to a new Fidelity study.
Benefits Think Explaining fiduciary obligations for 401(k) consolidation
Adopting technology that enables the seamless consolidation of 401(k) accounts at the point of job change can significantly fill the nation's retirement-savings gap.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Confronted with college costs, parents reach for their 401(k)s
As college costs rise, parents are resorting to increasingly costly means to pay for their children's educations. The loss in retirement savings is rarely recovered.
Are employees getting what they need from their 401(k)s?
More than half of employees rely primarily on their 401(k) plan provider for retirement and financial planning advice.
The 10 cities where retirees receive the highest income
Retiree income in the U.S. lags far behind the national median for household earnings, but these top cities are bucking the trend, according to a new SmartAsset study.
A wave of ERISA lawsuits could alter workplace retirement plans
Novel legal theories and a lower bar for plaintiffs could unleash an explosion in ERISA-based lawsuits against 401(k) plan providers.
A job-hopping slowdown could be a boon for retirement savings
Wage growth for job-hoppers is on the decline, but that might be a good thing for long-term retirement savings.
Retirement plan analysis suggests rampant fiduciary breaches
Nearly 84% of U.S.-based plans have an ERISA violation, spotlighting a need for independent benchmarking audits.
Benefits that boost retirement confidence
Data from Bank of America found employees increased their 401(k) contribution rates in 2024. The right benefits will help advance that trend.
Self-directed SIMPLE IRAs: What employers need to know
SIMPLE IRAs provide greater investment flexibility than traditional options, making them appealing to employers and employees alike.
Half of Gen X has done no retirement planning, study says
Having missed out on yesterday's pensions and today's 401(k) features, the latchkey generation is woefully unprepared for retirement. Here's how advisors can help.
1 in 3 seniors has less than $50K in their 401(k)s, survey finds
Even among retirement-age Americans, many nest eggs are almost empty, according to an alarming new study by GOBankingRates.
Is the 401(k) doing too much?
Health care costs. Student loans. Domestic abuse. Are retirement plans addressing too many problems at once?
How do Americans feel about retirement?
Nearly one third of Americans feel anxious when thinking about retirement.
401(k) fees are lower but still hard to understand. Planners can help
A government watchdog reports that Labor Department regulations haven't made much of an impact on the levels of disclosure and comprehension.
The role employers play in gray divorce
Companies can provide better financial literacy to help older couples, who are separating, make smart decisions with their money.
Skeptical on Social Security, younger workers shift to personal retirement accounts
According to a recent Cerulli study, more than half of retired 401(k) participants say Social Security is their primary source of income. At the same time, only 6% of millennials predict they will rely on those funds when they finish their careers.
Benefits Think Use modern 401(k) plan design to bolster your employee benefits strategy
Updating benefits to include things like automatic enrollment and savings tools can improve employees' financial wellness.
David Stinnett
Vanguard