Retirement Plan Design

Retirement Plan Design icon
How plan design affects savings and retirement decisions

Retirement plan design influences savings and retirement decisions. The TIAA Institute explores such issues as trends in plan design, the effect simplifying investment choices has on decision-making, plan fee fairness, and others. 

Insights

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

Target-date funds help hedge financial market risk, but these funds don’t lessen the risk of outliving your savings.

Research Reports

November 2015

Despite the increasing role of 401(k) plans as retirement vehicles, little is known about how mutual fund families acting as 401(k) plan service providers influence the investment choices offered in their plan.

October 2015

While a number of published studies have measured how the number and mix of fund options influence investment patterns in retirement accounts few, if any, have examined how plan participants react to a large reduction in investment choices.

August 2015

Does the expectation of employer-provided health insurance in retirement encourage faculty members to retire earlier and save less than faculty who do not expect to receive this benefit?