Defined Contribution

The percentage of families with an individual account retirement plan from a current employer or a previous employer or an IRA/Keogh dropped from 50.4 percent in 2010 to 48.2 percent in 2013.

The problem, Towers Watson says, is that theres just not enough education in the workplace to help workers understand how to better prepare for the day they leave their jobs.

Fiduciary guru Don Trone envisions an eerie dystopian future for retirement plans. Can we prevent it before its too late?

Masonicare has been a client of Prudential Retirement for 17 years, with Prudential serving as record-keeper of the nonprofits defined contribution plan.

According to its study, the DoD could save between $1.8 billion and $4.4 billion annually by making some changes to its retirement policies.

After the recession hit, only 49.6 percent of people retired before or shortly after their planned retirement date, the EBRI said, a nearly 23-percent drop compared to pre-downturn days.