Research

Job switchers often reset the savings rate lower on their 401(k) accounts without realizing it, according to new research from Vanguard.

Words are very powerful, says a new Invesco survey, which identifies some specific language that resonates with plan participants and can guide plan sponsors as they craft their messaging. For instance, "investment income" is preferred over "nest egg."

According to the Congressional Budget Office, the average 2034 per-user effect could be $650 in savings and $4,300 in costs for Medicare, but this could have a big effect on all employers health plans as well.

If advisors aren't speaking to defined contribution clients about retirement income solutions, someone else will be soon, recommends BlackRock's Carrie Schroen.

Employers need to provide access to professional resources that help employees develop a personalized financial plan and evolve that plan over time, according to a new Goldman Sachs report.

While saving for retirement is the top-ranked financial goal for employees overall, young and lower income employees rank paying off credit card debt as their top financial goal, according to a Bank of America report.

When asked what solutions would increase their confidence in their retirement plans, workers' top response was an in-plan protected retirement solution, says Cathy Marasco at Nationwide, which published a new Protected Retirement survey.

More plan sponsors are prioritizing retirement income and considering managed accounts as an opt-in option in 401(k)s, according to T. Rowe Price's 4th annual consultant study.