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401(k) mutual fund fees have fallen 60% since 2000: ICI report
Plan participants have incurred substantially lower fees for holding mutual funds over the past two decades, according to new research from the Investment Company Institute.
Retirement confidence shaky, but ‘heading in the right direction’: EBRI
Many employees (67%) believe their employer has a responsibility to help with financial planning because “if that’s where my nest egg is, that’s where my financial planning should come from,” according to a recent EBRI webinar.
Retirement un-readiness: Americans ‘concerned’ about outliving their assets
Americans believe they’ll need $1.2 million saved to retire comfortably, yet half expect to have less than $500,000 saved, which is why employers should consider offering more in-plan solutions to help employees transition to retirement, says a new Schroders survey.
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