Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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Bates & Company, Inc.
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AimPoint Pension
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Why Are 401(k)/IRA Balances Substantially Below Potential? (PDF)
Center for Retirement Research at Boston College Nov. 1, 2019 "The main reasons why 401(k)/IRA balances fall short of their potential are the immaturity of the 401(k) system and the lack of universal coverage, followed by leakages and fees. The same pattern holds if workers under 30 and those with defined benefit plans are excluded from the analysis. Even in a mature system, the lack of universal coverage means that balances are still expected to fall well below potential." |
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