Re-enrollment in a 401(k) is a popular employer approach that puts workers on the right investment track and offers protections for plan sponsors.
What is the trend among large corporations to offer retiring leaders some guidance or preparation for both the financial and emotional impact of retirement? Why do they do it and what types of services do they offer?
— Fact-finding Mission, president, consulting/legal, Los Gatos, California
Auto-enrollment in defined contribution plans has helped employees skittish on making choices save for retirement.Read More
Research shows that not every U.S. worker is saving for retirement, but experts disagree on who’s to blame.Read More
Successful plans are ones that help workers save enough, as opposed to 2011’s top response citing high participation rates, the survey shows.Read More
Now that 401(k) plans have grown to become the No. 1 way U.S. workers save for retirement, it’s no secret many plan sponsors turn to experts to run the entire plan — or certain parts.Read More
While the same percentage of men and women participate in company 401(k) plans, men saved an average of $100,000 compared with $59,300 for women.Read More
The plan is a tax-exempt trust account set up by employers to offset state unemployment insurance.Read More
A Washington-based think tank says the Obama proposal would affect 20 percent of Americans ages 25 to 64 with retirement plans that could hinder incentives to save money.Read More
While more workers are chipping in for their golden years, the level of contributions continues to lag. Experts say the current 3 percent doesn't cut it. Between 10 and 12 percent is more like it.Read More