Retirement readiness

Workers want more diversified options for how to spend money traditionally accumulated in workplace retirement accounts, a South African study by financial services group Alexander Forbes finds.

Experts stress the importance of education and savings efforts during National Retirement Planning Week.

Plan sponsors can help close a knowledge gap by educating employees about the advantages of contributing to an individual retirement account.

Professors and other faculty want more information about Medicare, post-work healthcare costs, Social Security and investment options from plan sponsors.

Employers should consider some of the new options available with the retirement plans.

A new study finds that workers struggle with expenses, making it “critically important” for employers to provide financial wellness and education.

A plan sponsor’s thoughtful choices about plan features may go a long way toward easing the financial burden of retirement saving.

Less volatility, lower litigation risk and greater simplicity are reasons for embracing this strategy, says adviser Robert Lawton.

State efforts to get more workers to save are the target of lawmakers who say the auto-IRA programs burden employers and skirt the rules.

A new study finds that workers struggle with expenses, making it “critically important” for employers to provide financial wellness and education.