The alarming pay gap between newly drafted basketball players in the WNBA and the NBA provides an opportunity to examine the negative impact of low compensation on building retirement savings.
Reacting to cases citing the ‘inappropriateness’ of certain investments, many large plan sponsors have eliminated volatile asset classes from their menus.
As increasingly more public sector workers rely on defined contribution plans for their retirement savings, many are struggling to grow their balances, research from EBRI and NAGDCA shows.
The research demonstrates that public-sector workers tend to feel safer spending more when they have a defined benefit retirement plan as their primary retirement account.
Women are more likely to invest in environmental, social, and governance funds in their defined contribution plans than men, according to a new issue brief.