A survey by the Survey of Consumer Finances has found that the average IRA and 401(k) balances of American working households rose to $135,000 last year from $111,000 in 2013, according to this article in MarketWatch. While the averages increased markedly, however, the...

August 30, 2017

Employers can have an effect on the savings and retirement rates of their employees more than offering 401(k) savings plans. A working paper by the National Bureau of Economic Research found that even though companies leave retirement savings plans to firms like Pruden...

If you've looked into enrolling in your company's retirement plan but have hesitated because there are too many choices to make, and you feel as though the options haven't been very well explained to you, you're not alone. 

Studies have shown that many investors who cou...

Many Americans fared poorly in a retirement literacy survey conducted by the American College of Financial Services, according to an article from the Chicago Tribune. Only 38% of the participants were aware that the maximum sustainable withdrawal rate is 4% for a nest...

Longer life spans and disappointing investment returns will help create a $400 trillion retirement-savings shortfall in about three decades, a figure more than five times the size of the global economy, according to a World Economic Forum report.

That includes a $224 tr...

For many people, the start of a new year means resolutions to get in shape, save money and spend more time with family. For 401(k) plan administrators, it’s a good time to reflect on the plan’s operation and make tune-ups where needed. Here are six steps you can take t...

January 3, 2017

If you've always told yourself, "I will get serious about retirement planning next year," well, guess what? It's next year.

There's much you can do to boost your retirement savings and plan ahead. Some of the process involves simply asking your employer to improve...

The Department of Labor’s new fiduciary rule will require full compliance by 2018, and some experts predict the ETF market to triple within a few years as a result. The 401(k)

marketplace’s shift to index and passive funds has been about 10 years in the making, but the...

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