Browsing Tag
Defined Contribution Plan (DC Plan)
412 posts
A defined contribution (DC) plan is a type of retirement plan where the employer, employee, or both, make regular contributions to individual accounts for each participant. The final benefit amount depends on the contributions made and the investment performance of those contributions, rather than being predetermined. Common examples include 401(k) plans and 403(b) plans.
Americans Want $1.2M to Retire Comfortably
Yet, the Schroders report finds that almost half of investors expect to have $500,000 in retirement savings
Gen Xers Nearing Retirement Report Median Savings of $50k
The new report by Prudential underscores the lack of financial and retirement support Gen Xers experience
How America Saves? At a Record Pace in 401(k), Vanguard Finds
Report out today shows 401(k) participants continued to save at the highest level ever in 2023, thanks largely to auto-enrollment bumping participation rates
Defending the 401(k)
While attacks on defined contribution plans have ramped up significantly in the past year, advocates for workplace retirement plans are stepping up to counter their claims
Just 1 in 4 401(k) Participants Expect to Maintain Standard of Living in Retirement
Cerulli research finds plan sponsor concern participants won’t take advantage of a financial wellness program
Plan Sponsors Lean on Fixed Income, Inflation Protection to Boost Retirement Readiness
DC plan sponsors are making changes to their benefits to set workers up for retirement success, a new study from MFS finds
Millennials, Gen Z More Hopeful About Retirement Than Gen X, Boomers
New study finds retirement outlook varies dramatically by generation
Harness the Power of Retirement Savings Consolidation
Thomas Hawkins of RCH makes the case for consolidation with retirement savings
Self-Directed 401(k)s Grow 5.8% in Q1 2024
Schwab's latest SDBA Indicators Report shows accounts grew to $328,239 in Q1 2024
‘Fiduciary-Grade’ Advisors More Likely to Secure Higher 401(k) Returns
Employee Fiduciary finds that advisors who incorporate "fiduciary-grade" investment advice are likelier to produce enhanced returns for clients