A higher percentage of women and of those earning less than $35,000 annually fail to take full advantage of matching funds in employer-sponsored retirement plans.
According to a new survey by TIAA-CREF, while 78 percent of Americans contributing to such a plan receive matching funds, and 77 percent of those who have matching funds manage to put away enough to benefit from the full employer match, that's not the case for either women or low earners.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.