Archive | Retirement

Understanding Defined Benefit Plans

If you are eligible to participate in a defined benefit (DB) plan through your workplace, you have been given an increasingly rare opportunity to help provide for your retirement. A DB plan represents an employer’s promise to pay a specified, predetermined amount of money to a retired employee periodically for the remainder of his or […]

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Sell Your Employer Match

Most 401(k) plan sponsors offer their employees some type of matching contributions. The most common match, according to the Plan Sponsor Council of America, is 50 cents for every dollar an employee contributes to the plan, up to 6% of compensation.1 The reason for offering this benefit is simple: The availability of matching contributions encourages […]

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Retirement Confidence Leveled Off in 2016

Americans’ confidence in their ability to retire in financial comfort has rebounded considerably since the Great Recession, but worker optimism leveled off in 2016. According to the 26th annual Retirement Confidence Survey — the longest-running study of its kind conducted by Employee Benefit Research Institute in cooperation with Greenwald & Associates — worker confidence stagnated […]

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stretching Retirement

Longevity Risk and Retirement Income

  Key Points Live Long and Prosper Protecting Your Retirement Paycheck Developing a Diverse Income Strategy Adding Annuities to the Mix Accounting for Growth Points to Remember How long might you live in retirement? Think carefully. Your answer could influence whether you have enough money for a comfortable retirement or just scrape by. According to […]

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A Plan Sponsor Checklist

Once a retirement savings plan has been approved and is in place, it’s tempting for a plan sponsor to sit back and adopt an “I’m done,” hands-off attitude. However, to ensure that a plan continues to operate effectively, employers should periodically review plan provisions and features. Here is a brief checklist of key points to […]

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Make the Most of Your 401(k)

As more Americans shoulder the responsibility of funding their own retirement, many rely increasingly on their 401(k) retirement plans to provide the means to pursue their investment goals. That’s because 401(k) plans offer a variety of attractive features that make investing for the future easy and potentially profitable. What is a 401(k) plan? A 401(k) […]

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Small Business Owners: Test Your Retirement Plan Knowledge

While worker confidence about having enough money to live comfortably in retirement has been on the rise in recent years, that confidence is based largely on access to and participation in a workplace retirement plan. According to the latest annual Retirement Confidence Survey conducted by the Employee Benefit Research Institute (EBRI), among workers who participate […]

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