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- Title
Retirement Readiness in the 21st Century: A Powerful New Focus for DC Plan Management.
- Authors
Moslander, Edward
- Abstract
A recent study of full- and part-time employees in the United States reveals a welcome statistic for benefits plan managers: 81% of workers trust the financial information provided by their employers. That makes employers one of the most trusted sources of information, ahead of both financial institutions and workers' own families. In contemplating this responsibility, it is helpful for organizations to examine their retirement plan in light of four drivers: plan design, investment solutions, employee engagement and plan management. This article explores how each of these drivers--supported by some of the latest findings from TIAA-CREF research--can have a significant impact on plan outcomes and retirement readiness.
- Subjects
RETIREMENT planning; DEFINED contribution pension plans; FINANCIAL security; EMPLOYEE benefits; RETIREMENT benefits
- Publication
Benefits Quarterly, 2015, Vol 31, Issue 2, p12
- ISSN
8756-1263
- Publication type
Article