The slumping economy is causing even state and local government employees, who typically get traditional fully loaded pensions, to hold off on retirement, according to a new survey.
JPMorgan Chase & Co. has partnered with Lipper Inc. on Target Date Navigator, a tool for financial advisers that helps employers choose the right target-date funds.
In an effort to maintain a tight grip on retirement assets, some major 401(k) providers are considering lowering the investment management fees they charge to employers.
Consider the inertia of today's 401(k) plan participants the vindication of behavioral economics.
Despite reports this year that more people were borrowing from their 401(k) plans to cover daily expenses, the latest data from several plan providers show the number of loans has fallen in some cases.