financial wellness

How Employers Can Help Close the Racial Retirement Wealth Gap
Team SummitEmployee Outcomes, Employer Resource Center, Plan Operations & AdminComments are off for this post
Recent research conducted by Economist Impact highlights a significant discrepancy between white and Black workers’ retirement confidence. While half of white respondents feel confident about retiring by the federal retirement age, only 39% of Black survey takers share this sentiment. Older Black workers (ages 51-64) face even greater uncertainty, as they’re the least likely to  Read More →
Help Participants Avoid These TDF Missteps
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary Governance, Plan InvestmentsComments are off for this post
Target date funds are in high demand these days. According to a recent Sway Research study, total TDF assets reached $3.5 trillion in 2023 — a record level. Moreover, mutual fund target dates began 2024 slightly ahead of collective investment trusts, holding $1.76 trillion in assets compared to $1.71 trillion in CITs, TDF assets in  Read More →

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