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). More workers are also planning to supplement their income in retirement by working for pay. The percentage of workers … covering their health expenses. Many workers still do not have a good idea of how much they need to save for retirement. Only …
Persistent link: https://www.econbiz.de/10014208642
focused on income as the fund approaches and passes the target date, which is usually included in the fund’s name.Key findings …
Persistent link: https://www.econbiz.de/10014351783
This paper provides an update of a longitudinal analysis of 401(k) plan participants drawn from the Employee Benefit Research Institute (EBRI)/Investment Company Institute (ICI) 401(k) database. Because the annual cross sections cover participants with a wide range of participation experience in...
Persistent link: https://www.econbiz.de/10014352061
have a very significant positive impact in generating additional retirement savings for many workers, especially for low-income … workers. When results are aggregated across all income categories, the increase in the value of 401(k) accumulations at age 65 … from such a change. The median 401(k) accumulations for the lowest-income quartile of these workers (assuming all 401(k …
Persistent link: https://www.econbiz.de/10012756593
During 2008, major U.S. equity indexes were sharply negative, with the Samp;P 500 Index losing 37.0 percent for the year, which translated into corresponding losses in 401(k) retirement plan assets. But how individual 401(k) participants are affected by the crisis is largely determined by their...
Persistent link: https://www.econbiz.de/10012764705
Over the past two decades, 401(k) plans have grown to be the most widespread private-sector employer-sponsored retirement plan in the United States, and now serve as the most popular defined contribution (DC) plan, representing the largest number of participants and assets. In 2007, 48.5 million...
Persistent link: https://www.econbiz.de/10012768185
This paper provides an update on 401(k) plan participants' asset allocations, account balances, and loan activity as of year-end 2003, as measured by the collaborative EBRI/ICI Participant-Directed Retirement Plan database - the world's largest repository of information about individual 401(k)...
Persistent link: https://www.econbiz.de/10012749709
achieve a specified level of retirement income adequacy.Previous EBRI research reported on a comparative analysis of future … provide an equal amount of retirement income at age 65 as would be produced by the annuitized value of the projected sum of … generate the same retirement income that is projected to come from 401(k) plan participation for a given worker cohort — are …
Persistent link: https://www.econbiz.de/10012891676
Persistent link: https://www.econbiz.de/10013039966