Most IRA Investors Withdraw the Bare Minimum: EBRI
Why? Taxes are a big driver of keeping withdrawals small, IRA expert Ed Slott says.
Roth IRAs Growing Twice as Fast as Traditional IRAs: EBRI
“The Roth IRA removes the uncertainty of what future higher tax rates might do to retirement savings,” says Ed Slott.
Why Are So Many Boomers Working Longer?
New research and old confirm that better educated workers are working into ages once considered “old.” But why? And are they crowding out younger workers?
Americans Keep Pushing Off Retirement Plans
It is said that numbers don’t lie, and when it comes to retirement planning, the recent numbers are downright distressing.
Where Does the Money Go in IRAs?
It’s a salient question asked and answered by the EBRI in its latest analysis of the savings plans.
Ownership of 401(k) Plans Rise, While IRAs Fall
In the financial services industry’s quest to help secure successful retirements on behalf of their clients, a new report from the Employee Benefit Research Institute offers hope—and frustration.
Individuals’ Combined IRA Balance Higher Than Overall Average
Average IRA balances are about a third higher, and the median balance is about 42% higher, when an individual’s multiple accounts are considered together, the EBRI found.
Retirement Plan Participation Rates ‘Level Off’ Due to Downturn
After growing sharply throughout the 1990s, participation rates in 401(k)s leveled off during the next decade, especially during the period between 2005 and 2009, according to analysis from the Employee Benefit research Institute. In the case of ownership of IRAs, the numbers declined slightly for the same period.
401(k) Investors Who Choose TDFs Stay With Them
Retirement plan participants who invest in target-date funds tend to stay with them, the Employee Benefit Research Institute announced Tuesday.
As Economy Impacts Confidence, Many Plan to Work Longer
Workers who've lost confidence in their ability to secure a comfortable retirement say they are changing the way they invest, are working more hours or a second job, are saving more and are seeking advice from a financial professional.