Including deferred income annuities in DC accounts can enhance retiree financial well-being, report researchers Vanya Horneff and Raimond Maurer of the Goethe University Frankfurt, and Olivia Mitchell of the University of Pennsylvania. Via ThinkAdvisor. …Read More
Pension participants make better decisions about their financial futures when they get digital plan statements, show researchers Abigail Hurwitz of the Hebrew University, Eval Lahav of The Open University of Israel, and Yevgeny Mugerman of Bar-Ilan University, via RetireSecure blog. …Read More
Secure 2.0’s passage to most impact workers at companies with matches in their retirement plans, says Olivia S. Mitchell of the Wharton’s Pension Research Council via Los Angeles Times.…Read More
The US safety net provided significant support to older Americans during the pandemic find Profs. Robert A. Moffitt of Johns Hopkins University and James P. Ziliak of the University of Kentucky via RetireSecure blog.…Read More
Pension plan investment consultants must oversee accurate data entry, and PSERS case points to inadequate internal processes and standards of care, notes Wharton Professor Olivia S. Mitchell via FundFire. (Account required)…Read More
Older Americans wish they had prepared for retirement, by saving more, working longer, preparing for healthcare costs, and delaying social security withdrawals, report researchers Abigail Hurwitz of Hebrew University of Jerusalem and Olivia S. Mitchell of the Wharton School via FinancialPlanning. …Read More
Though Robinhood’s 1% IRA match an attractive idea, without access to mutual funds, investing options could be confusing for many, suggests Prof. Olivia S. Mitchell of the Wharton School via TheStreet. …Read More
Defined benefit pension payments could extend longer than a century for today’s new participants, affecting the plans’ funded ratios, explains Prof. Olivia S. Mitchell of the Wharton School via The Economist. (Subscription required)…Read More
Financial regret increases when older Americans are encouraged to consider their likely longevity, find economists Abigail Hurwitz of the Hebrew University of Jerusalem and Olivia Mitchell of the University of Pennsylvania’s Wharton School via MarketWatch. …Read More
60% of older survey respondents feel regret for not having saved more and claimed Social Security too young, report Profs Abigail Hurwitz of the Hebrew University of Jerusalem, and Olivia S. Mitchell of the University of Pennsylvania, via Think Advisor.…Read More
