Retirement plan participants and investors are faced with what can be an overwhelming number of choices. Simplifying the decision-making process can increase participation and contributions.
The single-fund solution works for most plan participants. But for those who are more informed and engaged, adding a satellite investment on top of a TDF isn’t necessarily a mistake.
This blog discusses creating a cadence for planwide events. Margaret Rux, head of Vanguard Strategic Retirement Consulting, says a schedule of reenrollments and sweeps can improve plan participation rates and help get participants into age-appropriate investments.
As the baby boomers retire, there is growing concern about the potential financial exploitation of seniors. Early in 2017, the SEC approved rules enabling firms to obtain emergency contact information when opening an account.
Bill Doughty, senior manager, Vanguard Strategic Retirement Consulting, gives examples of how Vanguard Plan Effectiveness Index™ has helped improve sponsors’ retirement plans—and how it can help you and your participants.
Michael Palazzi, senior DC investment strategist, Vanguard Defined Contribution Advisory Services, shares how a “vanilla” TDF portfolio construction can be the best option for plan participants.
Should your defined-contribution retirement plan serve employees to retirement or through retirement? For sponsors interested in the lifetime approach, the head of our institutional business explains five plan design options.