401(k) Archives

Employee Financial Wellness Has Suffered

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Employers can design benefits programs encouraging their employees to elevate their financial wellness, report Anil Suri, Nevenka Vrdoljak, and colleagues from Bank of America, via RetireSecure blog.…Read More

Should You Roll Over Your 401(k) When You Retire? Here’s How to Think About It

A clipboard titled "401K Rollovers" with a pair of glasses and a wooden gavel placed on a wooden surface, representing legal and financial concepts.

Who should roll over a 401(k) into an IRA? The answer depends on your level of financial sophistication, explain researchers Olivia S. Mitchell of the Wharton School, Catherine Reilly of CM Reilly Associates, and John A. Turner of the Pension Policy Center, via RetireSecure blog. …Read More

Defined Contribution Plan Behavior through a Gender Lens

A person with short gray hair and glasses is smiling, holding a credit card while using a laptop. A glass of coffee is on the table in a cozy room.

Men and women both share retirement worries, but women’s unique life circumstances warrant greater attention in retirement planning decisions, including plan participation and investment strategies, report Bank of America’ Nevenka Vrdoljak and Susan Feng: Retire Secure Blog. …Read More

Enhancing Retirement Planning with AI-Based Tools

Laptop displaying futuristic retirement and AI technology graphics by a poolside, with a tropical cocktail in view.

Daniel G. Goldstein of Microsoft Research examines how AI advancements could transform retirement planning by improving financial decision-making and addressing challenges like bias and accessibility, via RetireSecure blog.…Read More

Employers can offer a new benefit: Matching student loan payments with 401(k) contributions

A notebook with "Student Loan" written on it, accompanied by drawings of a graduation cap and a money bag. Office supplies, like binder clips and highlighters, are nearby.

Some firms are making matching 401(k) contributions when employees repay student loans, notes Prof. Olivia S. Mitchell’s research spotlighting the boost to pre-retirement spending and debt-free retirement. Read the Marketplace discussion here. …Read More

When you retire, should you keep your money with your employer’s 401(k) plan?

Desk items related to financial planning, including a calculator, glasses, a notebook with "401k" written, post-it notes, a magnifying glass, and a pen on a pink background.

In a recent research study, Prof. Olivia S. Mitchell, John Turner, and Catherine Reilly weigh the pros and cons of remaining in an employer-sponsored 401(k) plan after retirement. The debate continued in Reilly’s November 2023 blog post, picked up in the Star Tribune.…Read More

Health Savings Accounts through a Gender Lens

Documents labeled "HSA Health Savings Account" alongside a calculator, pen, and glasses on a desk, representing financial planning.

Health Savings Accounts (HSA) have grown over the past 16 years, providing retirees with added financial security, explain Nevenka Vrdoljak and Susan Feng of Bank of America. Via RetireSecure blog.…Read More

Should I stay or should I go: When does it make sense to stay in my employer 401k plan after retirement?

A calculator, pen, and dollar bills lie on a wooden surface next to a notepad with "ROLL OVER IRA" written on it, representing financial planning or retirement savings.

Though IRAs can provide great investment options and sophisticated advice for retirees, many may benefit from remaining in company 401(k) plans after leaving their jobs, explains Catherine Reilly, retirement and investment expert, via RetireSecure blog.…Read More

401(k) plans leading the way toward retirement security, but room for growth, experts say

A couple sitting at a table in a bright room, reviewing a document and an electronic tablet. There are two mugs and a smartphone on the table.

Unlocking retirement potential: 401(k) plans have improved retirement prospects yet many still expose retirement savers to longevity risk. Wharton Professor Olivia S. Mitchell recommends bolstering #DC plans with deferred annuities. Via PIOnline.…Read More

UAW wants pensions back. Automakers really don’t

A mechanic with glasses and gloves working on a car engine inside an automotive garage. Sunlight is streaming in, illuminating the scene.

Though the United Auto Workers want traditional defined benefit plans restored, Olivia S. Mitchell, Executive Director of Wharton’s Pension Research Council argues that deferred annuities in a 401(k) plan provide more secure retirement incomes for today’s labor force, via Investment News.…Read More