Retirement Trends

There is some good news: Americans will probably be spared from mass layoffs this year.

During a recent EBRI-Milken Institute 2024 Retirement Symposium panel, a group of industry thought leaders discussed financial wellness and what it means employers and advisors.

TIAA Institute's new State of Financial Preparedness report raises questions about whether or not incoming retirees will enjoy financial security, particularly as lifespans continue to lengthen and the economy remains tumultuous.

17% of pension experts think Artificial Intelligence (AI) will revolutionize the industry a great deal.

Employees are demanding a wider range of benefits and changes that fit new ways of thinking about work and benefits, including more flexibility around remote work and expanded choices in their benefit plans.

Employers can support lower-income employees by extending eligibility to part-timers, collaborating with their plan providers on educational campaigns, and raising awareness of the Saver's Credit, says a Transamerica report.