More than 60 percent of pro athletes are broke within five years of retirement, despite having had average incomes of $1.6 million per year during their careers.
Pittsburgh Glass, which manufactures and distributes automotive glass products, has 3,500 participants in its defined contribution plan with $232 million in assets.
Retirement professionals, the report said, should consider how the banking or securities sectors do business today as they consider whatever reforms are needed.
A Fidelity Investments survey indicates that 43 percent of workers weigh employer matching funds in their 401(k)s so heavily that theyd accept lower pay so long as it came with a higher match.
When it comes to shoring up their own retirement savings, more than a third of Americans who participate in an employer-sponsored plan have never increased their contributions to the plan.