Search
 

When was the last time you thought about 401(k) reform?

Brokers need to stop fiddling while plan participant clients futures burn.

By Staff Writer | Updated on June 01, 2011

A few decades ago, retirement planning was entirely about the employer. Defined benefits and pension plans were the norm, and most workers could expect to live well — or, at the very least, adequately — in retirement. But more recently, the tide has changed. Much more emphasis has been placed on the employee’s role in their retirement plan.

These days, employees are contributing to their plan, adjusting their savings amounts, and even choosing which funds to invest in. As employees take charge of their own retirements and younger generations learn from the mistakes of baby boomers, the industry has no choice but to adapt to the next generation of retirement plans.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.