Research

Younger workers are notably behind other age groups, with only 17% having saved between $5,000 and $50,000 – and employers have a critical opportunity to address the retirement readiness gap, says a new study.

The popular AI tool's answers to most drug-related questions were incomplete or wrong in a new study, cautioning health care professionals about using ChatGPT as an "authoritative source for medication-related information."

More than one-third of millennials, who've benefitted from auto-enrollment and auto-escalation, believe they won't get a dime of Social Security when they retire, so they're taking matters into their own hands.

SECURE 2.0 increases the cap for mandatory force-outs on account balances from $5,000 to $7,000 after December 31, 2023, however, plan sponsors may want to have more assets in the plan to lower fees for all participants.

Employers are implementing initiatives in these five areas: the high cost of living, retirement preparedness, health care costs, budgeting and money management, and daily living expenses, according to a new EBRI report.

The Cigna paper suggests that physicians, patients, and health plans tend to recognize the good aspects of VBC, but that change has been slow nonetheless in the private sector.

The health care spending growth in the United States may be settling back into pre-pandemic levels, while the insured consumers reached a historic high, according to the Centers for Medicare & Medicaid Services.

Despite consistent contribution levels, many participants have been increasingly tapping their retirement savings - and avoiding foreclosure and paying medical expenses were given as the top two reasons, says Fidelity.