Head of Vanguard Retirement Plan Access discusses the role of professional partnerships in the management of small- and mid-size retirement plans and how guidance on issues like plan design can result in small changes that produce meaningful results for participants.
Learn about Vanguard’s new participant homepage, which makes it easier for participants to understand what they have, what it means, and what they should do next.
Since 2001, more defined contribution plans are adopting automatic enrollment and many are also implementing stronger savings rate defaults. Over 20% more people are saving in these plans. Meanwhile, the total savings rate has stayed the same.
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.
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.
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.