Retirement readiness

In a tough economic climate, Baltimore’s Gilman School went the extra mile to prepare its employees for retirement and buying a first home.

Plan sponsors can benefit from the firm’s new FidelityConnect website, which provides a snapshot of every corporate retirement plan that is recordkept by Fidelity.

Plan sponsors can benefit from the firm’s new FidelityConnect website, which provides a snapshot of every corporate retirement plan that is recordkept by Fidelity.

Despite the efforts of the retirement industry, many baby boomers haven't taken to the variety of savings products available, according to the latest research.

Companies with at least 50 workers should be required to enroll them in some type of end-of-career savings plan, a Bipartisan Policy Center report suggests.

As Americans age and remain in the workforce longer, end of career planning is becoming ever more important. Cammack Retirement’s Michael Webb shares five recent movements in the space.

A recent report from the Bipartisan Policy Center suggests that companies with at least 50 workers should be required to enroll them in some type of retirement plan.

In recent years, the number of employees who’ve started contributing to their 401(k) plans or increased their deferrals has grown significantly, suggesting employers’ messages are getting through.

Employers need to offer a broad range of investment options in their 401(k) plans, including asset classes that may do reasonably well in a low interest rate environment, according to TIAA’s Roger Ferguson.

This group tends to have low levels of financial literacy, even among those with high levels of education and income, finds a report from Principal Global Investors.

The bipartisan bill from by Sen. Elizabeth Warren and Sen. Mike Lee would allow these students to save their fellowship and stipend compensation in an individual retirement account.

When employees change jobs and cash out their plan balance, they often do it over a period of years rather than all at once, according to Retirement Clearinghouse’s Spencer Williams.

In recent years, the number of employees who’ve started contributing to their 401(k) plans or increased their deferrals has grown significantly, suggesting employers’ messages are getting through.

When employees change jobs and cash out their plan balance, they often do it over a period of years rather than all at once, according to Retirement Clearinghouse’s Spencer Williams.

Despite recent lawsuits against the Department of Labor on the matter, the regulations will go into effect as planned, predicts adviser Robert Lawton.

Despite a recently launched lawsuit against the DOL, the rules will go into effect as planned, says adviser Robert Lawton.

The workplace plays a significant role in facilitating retirement savings, yet less than half of workers globally are offered a retirement plan with employer contributions, finds recent research.

Employees who expect to work longer are less healthy, more stressed and more likely to feel stuck in their jobs than those who expect to retire earlier, finds new data from Willis Towers Watson.

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.

Some 23% of Americans with jobs said they planned on being septuagenarian employees, up from 16% in 2009, according to recent research.