Defined Contribution

J.P. Morgan survey finds many workers don't know whether they're saving enough for retirement, fueling demand for clearer employer guidance, simpler plan design and financial wellness support.

Participation in retirement plans climbed to a record 86% among eligible employees.

From a plan design perspective, we believe sponsors should consider distribution options such as systematic withdrawals or partial distributions so participants can take ongoing or periodic distributions from the plan in retirement.

Access to such options as defined benefit pension income may mitigate future financial shocks, research finds.

Rising gas prices pushed one new estimate for retirees' annual raise to 4.2%, up from 2.8% this year.

Overall behavior remained steady and notably disciplined during a period that could have easily triggered more reactive decision-making.