|
Given the choice between a smaller immediate payout or a larger future payout, people generally prefer rewards sooner rather than later, a tendency called temporal discounting. |
Retirement Plan Design
Primary tabs
January 2019
October 2018
A retirement plan’s default investment portfolio is optimal for some employees. But for others, the default has some drawbacks.
October 2018
A retirement plan’s default investment portfolio is optimal for some employees. But for others, the default has some drawbacks.
December 2017
Many retirement plan participants lack the financial knowledge needed to manage their portfolios on their own, underscoring the importance of advice.
June 2017
To preserve retirement wealth, IRAs and employer-sponsored defined contribution plans typically impose a penalty on early withdrawals. How might individuals respond if the penalty were lifted?
June 2017
Many defined contribution plans pay benefits as a lump sum, putting retirees’ lifetime income security at risk. Longevity income annuities address this concern.
June 2017
Many defined contribution plans pay benefits as a lump sum, putting retirees’ lifetime income security at risk. Longevity income annuities address this concern.
June 2017
To preserve retirement wealth, IRAs and employer-sponsored defined contribution plans typically impose a penalty on early withdrawals. How might individuals respond if the penalty were lifted?
May 2017
Today’s retirees are living longer than ever before, creating the need for policy changes to help retirees stretch their savings accordingly.