20 Aug 401(k) participants don’t try to understand disclosures
One in five people said they rarely or never read disclosures that are sent to them....
One in five people said they rarely or never read disclosures that are sent to them....
Service providers have spent much time, effort, and expense (sometimes great) in complying with the Department of Labor’s service provider fee disclosures, effective July 1, 2012....
Employees fail to fully grasp the details of target-date funds in their retirement accounts. ...
Industry groups are urging DOL to end paper disclosure requirement...
Social Security retirement benefits may begin at age 62...
In 2010 there were 362,757 401(k) plans with more than zero dollars in reported assets...
68% of employees have little or no knowledge of automatic enrolment ...
As Americans are living longer they are concerned that they are not financially prepared to live into their 70s, 80s and 90s. ...
Americans who use the services of a financial professional are significantly more likely to have taken steps toward preparing for retirement than those who do not,...
Retirement worries employees of all ages....