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
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
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 (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
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
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
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
Including annuity options in company 401(k) plans could provide UAW retirees assurance of lifetime income, says Wharton Professor Olivia S. Mitchell, via Reuters.…Read More
Defaults on 401(k) disaster-relief hardship withdrawals trigger income tax plus a 10% penalty explains, Wharton Professor Olivia S. Mitchell via the WSJ.…Read More
Auto portability facilitates transfer of Americans’ 401(k) funds to new employers, keeping savings in the retirement system: Michael Kreps of Groom Law Group, at the RetireSecure blog.…Read More
