Browsing Tag
401(k) Client Retention
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401(k) client retention in the financial world refers to a firm’s ability to keep employers and plan participants engaged with and continuing to use its 401(k) retirement plan services. It involves maintaining strong relationships, delivering consistent value, offering competitive plan features, ensuring regulatory compliance, and providing clear communication and education. High client retention indicates trust, satisfaction, and long-term stability.
Millennial 401(K) Savers Have Better Financial Habits than Baby Boomers: T. Rowe Price
A new survey finds those “tech-obsessed, entitled” millennials with 401(k)s are generally living within their means and more…