Fidelity Investments' most recent survey indicates a major shift underway in the strategies stock plan participants are using those benefits: Most are aiming their future proceeds as retirement or investment.

The study indicates that 57 percent of company stock plan assets are now earmarked for eventual investment or retirement savings plans, and only 13 percent are being targeted to pay off bills or future debt.

In the past, heavier emphasis was placed on using those assets for bills or financial needs (32 percent) and less than a quarter was aimed at retirement needs.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • 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
NOT FOR REPRINT

© 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.