From the beginning of 401(k) plans, the retirement industry has focused on the performance of individual funds as the key driver of retirement readiness. But a study by the Putnam Institute in 2006 and repeated in 2012 concluded that increasing deferral rates have the greatest potential impact on a 401(k) participant’s account balance at retirement … Continue Reading
Because there are now five generations in the workforce for the first time: The challenge to create and provide a 401(k) plan is arguably more difficult now than it ever was. 401(k) plans are part of the big picture which includes dealing with such questions as Dr. Bea Bourne, DM, is an expert on generational … Continue Reading
