The 22nd edition of "How America Saves," an annual look at the savings behaviors of nearly 5 million defined contribution plan participants across Vanguard's business, found that plan participants are saving for retirement – but many have not yet reached ideal savings rates.
John James, managing director, Institutional Investor Group, Vanguard, said Vanguard saw record highs in participation, deferral rates and the use of professionally managed allocations in 2022.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
