Retirement Trends

The highest-ranking state for workplace retirement plan participation in 2012, Iowa, had only 54 percent of private employees participating in a pension or 401(k).

Now is a good time for employees to know what they can do to maximize the tax benefits they receive from participating in their employer-sponsored 401(k) plan.

Defined contribution plan sponsors are evaluating their current target-date funds and considering whether or not custom TDFs are a better option.

With more and more baby boomers retiring each year, either by choice or because they lost their jobs, many couples have to live different lives and face changes in their financial, social and emotional circumstances.

One way to help provide a different perspective on retirement savings would be to provide participants with an estimate of what their current or projected savings would produce in terms of a retirement income stream.

Plans that held off on de-risking their plans were the biggest benefactors of the strong equity performance.