Browsing Tag
Coronavirus (COVID)
287 posts
It Takes Less Net Worth to Feel ‘Wealthy’ This Year
Americans have apparently revised their perspectives on what it takes to be “wealthy” in the wake of the…
May Top Advisor by Participant Outcomes (TAPO)— Syed Nishat
Using 401ks to Aid Frontline Workers Burnout was a significant issue in 2020, especially among front-line healthcare workers…
Don’t Let Participant ‘Revenge Spending’ Wipe Out COVID-19 Savings Gains
Prior to COVID-19, markets were strong, unemployment was low, and consumer confidence levels were high. The retirement industry…
Most Plan Participants Clueless About 401(k) Fees
Findings from a recent survey of consumers and their 401(k) plans present a classic good news/bad news scenario.…
Stimulus Spending Shows Focus on Financial Discipline
Americans have been saving more of their stimulus checks, according to research from the Federal Reserve Bank of…
TSP Millionaire Ranks Rocket to Uncharted Territory
It’s been a good decade, and a great past year for well-tenured participants in the federal government’s Thrift…
Here’s How People ‘Say’ They Will Spend Their Stimulus Checks
There’s typically quite a difference between what people say and what they subsequently do, but a recent Empower…
Most Taking CRDs in 2020 Did So Mainly Out of Desperation
The small percentage of retirement plan participants who requested a COVID-19 loan or distribution in 2020 enabled by…
COVID-19 Creating Huge Challenges for Higher-Ed Retirement Plans
As a result of the pandemic, 41% of higher education institutions have already reduced or stopped their employer…
82% Say Pandemic has Negatively Impacted Retirement Plans
Roughly eight-in-10 Americans (82%) say the events of the past year have negatively impacted their retirement plans, and…