For groundbreaking research influencing public policy on pensions and highlighting the critical role of financial literacy, Olivia S. Mitchell, Wharton Professor and Director of the Pension Research Council at the University of Pennsylvania, will be honored with CIO’s 2024 Lifetime Achievement Award. — Via Chief Investment Officer. …Read More
Competing economic proposals could have conflicting effects on private retirement savings for Americans, reducing incentives for some to save while making it more difficult for others to effectively save and invest, notes Professor Olivia S. Mitchell of Wharton’s Pension Research Council, according to Plansponsor.com.…Read More
Many Boeing employees hope their traditional defined benefit pensions will be reinstated, but it’s not likely. Many are seen as too financially risky and face underfunding problems, explains Wharton Professor Olivia S. Mitchell, via Barrons.com.…Read More
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
Secure 2.0 permits employers to give matching retirement contributions when employees make qualified student loan repayments. This can attract and retain better workers, according to Wharton Professor Olivia S. Mitchell, via Investopedia.com…Read More
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
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
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
The return of a traditional pension: Is IBM’s new pension strategy a cost-saving measure or a strategic shift in retirement philosophy? Professor Olivia S. Mitchell of The Wharton School shares her thoughts on the change and how IBM’s decision might change retirement saving. …Read More
Retirees who earned more benefit most from deferred income annuities, while the lower-paid fare better by delaying claiming Social Security. Prof. Olivia S. Mitchell makes the case here: Knowledge at Wharton. …Read More
