Plan Operations & Admin

The Retirement Planning Gap Affecting Two in Three Investors
Team SummitEmployee Outcomes, Employer Resource Center, Plan Operations & AdminComments are off for this post
Despite the importance of retirement planning, a staggering 67% of investors admit to spending no time at all working on it in a typical month, according to a recent survey conducted by the Nationwide Retirement Institute. That’s a vast majority of investors failing to take even small steps toward securing their financial future. For plan  Read More →
More Retirees Take the Gold Watch, But Keep Their 401(k) Assets In Plan
Team SummitEmployee Outcomes, Employer Resource Center, Plan Operations & AdminComments are off for this post
A recent Fidelity report reveals that over 80% of plan sponsors prefer to allow employees to keep their assets in plan and withdraw them over time. The number of workers aged 55 and older has increased by 74% over the past two decades, prompting plan sponsors to focus more on how participants transition from saving  Read More →

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