Putnam CEO Faults 401(k) Shift as ‘Tax Gimmick’ Hurting the Poor
Robert Reynolds and Thomas Marra suggest that tax breaks have something to do with retirement savings.
Americans’ Retirement Benefits Have Been Slashed by a Quarter
Post-retirement health spending now amounts to just 0.2% of worker pay.
Retirement-Plan Income Stream Reporting Bill Returns (Again)
For the fifth time, senators have introduced a bill requiring ERISA plans to report what participants’ savings would look like as an annuity.
Beyond 401(k)s, Merrill Boosts Offerings to Corporate Clients
The wirehouse has created a new executive post to increase banking, wealth management and "financial wellness" services for corporate clients and their employees.
Vanguard Breaks Good News, Bad News on Retirement Savings
As participation grows, balances weaken; auto-enrollment levels remain a concern, but rise of target-date funds has improved portfolios.
5 Best Practices to Raise 401(k) Plan Participation
Using its experience managing 401(k)s for 3 million participants, Merrill reports on the most successful ways plan sponsors can encourage healthy retirement planning.
30 Best Big 401(k) Plans in 2015: BrightScope
There have been some shifts in the rankings since last year, and nine new honorees have made the list.
On a downward trajectory: Defined contribution plan fees
The median record-keeping fee in 2015 is $64 per plan participant, down from $70 a year earlier and $118 in 2006.
Could near-term thinking improve retirement savings?
If the horizons are in view, workers can become more engaged in their retirement savings plans, LIMRA says.
Millennials vs. boomers vs. Gen Xers: How they stack up in 5 charts
Almost double the percentage of millennials are saving a higher percentage of their income in 401(k) contributions.