Retirement Research Roundup: Savings, Not Income, Biggest Driver of Retirement Success
Americans are on track to replace about 61% of their income in retirement, a Putnam survey found.
Merrill Adds Putnam to Retirement-Plan Suite
According to BofA, some 2,300 Merrill Lynch advisors sell defined-contribution plans, which now have about $26.5 billion in assets.
As Politicians Spar Over Social Security, 401(k) Planners Fill Retirement Gap
America’s workers are relying more than ever on their employers to ensure they’ll have enough money to retire—and this trend toward paternalism is being embraced by mutual fund and insurance companies.
Putnam's ‘Impulse Saver’ iPhone App Can Boost 401(k) Plan Balances
Putnam's new PriceCheck&Save iPhone app helps 401(k) savers see how they spend their money—and use that knowledge to boost retirement dollars.
Fidelity Investments announced that Norman Malo, president and CEO of its clearing firm, National Financial, will retire from the company effective March 2009. Malo joined...
Forty-three percent of small businesses with fewer than 20 employees say cost is the biggest hurdle preventing them from offering a 401(k) plan to workers,...