More Americans plan to retire after 70
Some 23% of Americans with jobs said they planned on being septuagenarian employees, up from 16% in 2009, according to recent research.
Retirement readiness
Plan design considerations daunting for many plan sponsors
When launching a new 401(k) program, or revamping an existing one, employers have much to consider, including eligibility, waiting periods, employer matching, plan loans and automatic features.
EPSs said to boost 401(k) engagement, retirement readiness
Plan sponsors should spend as much time developing education policy statements as they do an investment policy statement, says Jeffrey Hemker.
Majority of millennials not participating in 401(k) plans
Women, in particular, are lagging in earnings and in the amount of income they’re saving for retirement, according to research from T. Rowe Price.
EPSs said to boost 401(k) plan engagement, retirement readiness
Retirement plan sponsors should spend as much time developing an education policy statement as they do an investment policy statement, according to Invesco’s Jeffrey Hemker.
Majority of millennials not participating in 401(k) plans
Women, in particular, are lagging in earnings and in the amount of income they’re saving for retirement, according to research from T. Rowe Price.
Benefits Think 3 reasons retirement and health benefit discussions aren’t combined — and why advisers should reverse course
Dozens of brokers and consultants weigh in on the practice, and Hodges-Mace’s Eric Helman explains the fallacies behind this siloed approach.
Eric Helman
Hodges-Mace
Small boost in millennials’ financial health has long-term effects
While many are overloaded with student loan debt, which can hinder retirement savings, these workers have access to digital tools, including robo advisers, which other generations did not, finds new research from Financial Finesse.
Benefits Think Yes, 401(K)’s are badly broken. Let’s fix them now
Ted Benna, the man widely regarded as the father of the 401(k) plan, recently reflected on his creation – and he wasn't happy. Benna laments that 401(k)s have become so complicated and so expensive and so rife with opportunities for mistakes.
Nir Kaissar
Unison Advisors
Tech innovator spotlight: Cynthia Loh
The head of Betterment for Business is responsible for the company’s turnkey 401(k) service that includes personalized investment advice for plan participants.
Clients seeking more institutional approach to TDFs
Standard target-date funds may not serve best interests of 401(k) participants, according to Russell Investments’ Josh Cohen.
Tech innovator spotlight: Cynthia Loh
The general manager of Betterment for Business is responsible for the company’s turnkey 401(k) service that includes personalized investment advice for plan participants.
Employers seeking more institutional approach to TDFs
Standard target-date funds may not serve best interests of 401(k) participants, according to Russell Investments’ Josh Cohen.
Benefits Think 10 best practices for 401(k) investment menu selection
In this low-return, low-interest rate environment, there’s a new set rules for offering a list of retirement plan funds, according to wealth management adviser Robert Lawton.
Robert C. Lawton
Lawton Retirement Plan Consultants
Benefits Think 10 best practices for 401(k) investment menu selection
In this low-return, low-interest rate environment, there’s a new set rules for offering a list of retirement plan funds, according to wealth management adviser Robert Lawton.
Robert C. Lawton
Lawton Retirement Plan Consultants
Employers advised to weigh all variables in TDF customization
Russell Investments goes a step further than target-date funds based on participant demographics at the plan sponsor level by enabling automated TDF customization at the participant level.
Employers advised to weigh all variables in TDF customization
While the 401(k) marketplace is crowded with asset managers anxious to create customized target-date funds based on participant demographics at the plan sponsor level, Russell Investments goes a step further by enabling automated TDF customization at the participant level.
Roth 401(k) options underutilized by employees
More than half of large employers offer them, yet only a small fraction of participants are using them, according to new research.
‘I’ll never retire’: Americans break record for working past 65
Almost 20% of Americans 65 and older are now working, according to the latest data from the U.S. Bureau of Labor Statistics. That’s the most older people with a job since the early 1960s, before the U.S. enacted Medicare.
Why plan sponsors should look at TDFs with short-term TIPS
Shorter term Treasury Inflation Protected Securities — those with a bond maturity of zero to five years — do a better job of controlling inflation in a target-date fund than mid-term or long-term TIPS, according to SEI.
