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Typical worker has under $1K saved in workplace retirement plans
Millions of workers have no access to employer-sponsored retirement plans — and it's dragging down savings.
The White House has now officially supported giving access in 401(k) retirement plans to “alternative investments” like private equity, private credit, crypto, commodities, real estate and hedge funds ...
Roughly 73 percent of employees who work at hospitals and health systems participate in a 403(b) defined contribution plan — the highest level of plan participation at healthcare organizations in the ...
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How Defined Benefit Plans Work
A defined benefit plan is a retirement option where the benefits paid on retirement are calculated using a fixed formula. The formula is typically based on the employee’s salary history and the number ...
Adoption of Roth, after-tax and catch-up contribution options varies, sometimes dramatically, across plan sizes. Defined contribution plan sponsors have to make decisions about what types of ...
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