Retirement Trends

Prosecutors say he and former employee Raymour Radhakrishnan paid terminally ill people cash, passing it off as charity, then used their personal information to purchase bonds and annuities that would pay out when the person died.

The top three concerns were risk management (31 percent), low return environment (29 percent) and volatility (24 percent).

Such rollovers from 401(k), 403(b) or 457(b) accounts were expanded this year to be open to any vested funds in a retirement plan that allowed them, but companies were awaiting clarification of the rules.

Fully 70 percent of all companies now offer various forms of education related to saving for retirement.

Seventy-one percent of adults under the age of 34 are the most likely to monitor their savings very closely after speaking with an advisor.

Most federal civilian employees hired beginning in January will contribute 4.4 percent of their pay to their pension plans under the House-passed budget bill the Senate is expected to approve this week.