Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor. He has always maintained a focus on providing readers with timely, useful information intended to help them build their business.
DC Plan Asset Growth in Q1 Outpaces Overall Retirement Asset Gains
ICI data shows defined contribution assets increased 5% during first three months of 2023, compared to a 3.5% rise for total retirement assets
How Certain SECURE 2.0 Provisions Can Ease Participant Retirement Savings Challenges
T. Rowe Price white paper explains how emergency savings and student loan provisions can boost financial wellness
2024 Social Security COLA Tracker: Latest Estimate Dips Below 3%
With inflation at its lowest point since March 2021, The Senior Citizens League revises next year’s cost-of-living adjustment projection to 2.7%
Outliving Assets Still Greatest Fear of Retirees and Near-Retirees
Latest Cerulli Edge report says Americans seeking certainty regarding their retirement savings amid longer life expectancies
Disney Retirement Community Taking Shape in California
First “Storyliving by Disney” residents scheduled to move in next year; development includes a residential area exclusively for people 55+
3% Cash Back to Save for Retirement: Human Interest Launches ‘Industry First’
Credit card rewards-like program incentivizes participants to start saving in a 401(k)
American Unfamiliarity with Retirement Products Glaring in New Survey
Only 3 in 10 feel confident about retirement offerings while 76% of those over 50 expressed little confidence, survey from Unbiased finds
Millennials, Gen Z Cutting Back on Retirement Contributions?
Morgan Stanley at Work survey finds more than 3 in 4 younger participants say they have reduced contributions, citing inflation and recession concerns
Self-Directed 401(k)s See 6.6% Gain in Q1 2023
Schwab’s SDBA Indicators Report shows average account balance rose to $298,543, but that’s still down 10% from a year ago
3 More States Advance Auto-IRA Programs
Pennsylvania, Vermont and Nevada join growing ranks of states enacting state-run auto-IRA programs for those lacking access to workplace retirement plans