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More and more workers with workplace defined contribution plans are saying "give me more help" — help with contributions, help with investment decisions, help post-retirement, help with overall financial wellness — and they want that help to come from employers and financial professionals, according to J.P. Morgan's 2021 Defined Contribution Plan Participant Survey.
Looking for an "easy" button
An increasing number of participants "wish they could push a button and completely hand over retirement planning," with this percentage rising from 55 percent in 2016 to 62 percent in 2021, according to a survey of 1,281 DC plan participants, conducted by Greenwald Research on behalf of J.P. Morgan Asset Management.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
