retirement

Younger Workers Look to Employers for Retirement Help
Team SummitEmployee Outcomes, Employer Resource Center
Younger employees are placing greater responsibility on employers to help them prepare for retirement, according to J.P. Morgan Asset Management’s 2026 Defined Contribution Plan Participant Survey. Among Gen Z participants, 86% said employers have at least some responsibility to help employees save for retirement. That view was shared by 76% of Millennials, 71% of Gen  Read More →
Staying the Course: Employees Stick with Target Date Funds
Team SummitEmployer Resource Center, Plan Investments
Target date funds (TDFs) are the most common qualified default investment alternative (QDIA) in 401(k) plans. At year-end 2022, more than two-thirds of participants in the Employee Benefit Research Institute/Investment Company Institute (EBRI/ICI) 401(k) database held TDFs in their account. A recent ICI study suggests most participants appear to be buying and holding these funds  Read More →
The Boomer Delay: When Employees Don’t Retire “On Schedule”
Team SummitEmployee Outcomes, Employer Resource Center
For many employers, “retirement planning” brings to mind compliance obligations and decisions about plan design and investment lineups. But retirement readiness also has increasingly direct consequences for workforce management, succession planning, and business operations. One demographic trend makes this an especially important moment for employers to pay attention. The Boomer Delay The Baby Boomer generation  Read More →

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