Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Distribution Reviewer

Nova 401(k) Associates

Nova 401(k) Associates logo

Retirement Plan Consultant

Retirement Plan Solutions, Inc.

Retirement Plan Solutions, Inc. logo

Defined Contributions Consultant


LDSCO logo

DC Plan Administrator

Plan Design Consultants, Inc.

Plan Design Consultants, Inc. logo

Healthcare Actuarial Consultant

(Remote / Houston TX)

BPAS logo


(Remote / West Harrison NY)

Pentegra logo

Retirement Plan Sales Consultant

Primark Benefits
(Remote / San Mateo CA)

Primark Benefits logo

Benefits Production Manager

IUOE Local No. 478 Employee Benefit Funds
(Hamden CT)

IUOE Local No. 478 Employee Benefit Funds logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>

Consumer Preferences for Lifetime Income Estimates on 401(k) Statements
Insured Retirement Institute [IRI]Link to more items from this source
Jan. 13, 2015

"Over 90% of survey respondents -- regardless of age, income level, or 401(k) plan balance -- want their 401(k) statements to include estimates of lifetime retirement income.... The survey found no overwhelming preference for one type of retirement income estimate, and some correlation of preferences were seen with age, income, and plan balance levels.... More than 75% of survey respondents stated they would increase their contribution level by four percentage points or more after seeing estimates of lifetime retirement income.... Over 90% of survey respondents stated they want their employers to provide them with online retirement income calculators so they can use their own assumptions to calculate estimates of lifetime retirement income."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2023, Inc.