Sarah Holden is a Senior Director, Retirement & Investor Research at Investment Company Institute.
Rollovers have been a large part of the growth story for IRAs, particularly for traditional IRAs.22 April 2021
During the 2008 financial recession, the S&P 500 fell by 37% from the end of 2007 to the low point in March 2009, while 401(k) balances fell 26%. We’ve seen in the 401(k) participants that their account balances did go down, but then rose and went back up again.22 April 2021
Time and again, this research finds that Americans appreciate and benefit from the key features offered by DC plans, making them popular and powerful retirement savings vehicles. Survey respondents report that payroll deduction of contributions makes it easier for them to save, while the flexibility, control, and access to a good lineup of investment options that these plans offer give these savers the opportunity to invest to build their retirement nest egg.22 April 2021