Engagement and education gaps involving retirement income - 401K Specialist
A recent study by the Defined Contribution Institutional Investment Association (DCIIA) found “engagement and education gaps involving retirement income remain a major concern.” The study also found low financial literacy surrounding retirement income and low adoption rates of retirement income solutions. However, plan sponsors acknowledge they are competing with other priorities within the employer’s sphere. Amanda Umpierrez, reporting for 401K Specialist, DCIIA, forecasts growth with retirement income solutions. Read Ms. Umpierrez’s article here…
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