TITLE

What That 1% Increase Can Do for Participants

AUTHOR(S)
Moore, Rebecca
PUB. DATE
February 2014
SOURCE
Plan Sponsor News;2014, p74
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the analysis by financial services corporation Fidelity Investments which reveals that for a 25-year-old, a one percent deferral increase could result in an additional $200 to $300 per month in retirement income. Topics discussed include defined contribution (DC) plans, assumptions about wage increases retirement plan leakage and rates of return, and company's Thought Leadership and Market Insights president Beth McHugh.
ACCESSION #
94784005

 

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