Blog

Infographic: Highs and lows of 401(k) contributions in a pandemic year – BenefitsPro

Posted on by A Felton

Copyright © 2022 ALM Global, LLC. All Rights Reserved.
alm.com
Two years ago at this time, the forecast for retirement plans was grim: Employees would drain their 401(k)s, and millions of Americans would stop contributing to their retirement plans as their employers halted their match. Now that the 2020 plan year data is in, says analyst Eric Ryles of ALM Global’s intelligence team, Judy Diamond Associates, we see it confirming some predictions, but also offering some surprises.
C.J. Marwitz, editor, writes and acquires content for the retirement advisor/plan sponsor audience at BenefitsPRO. Marwitz also considers contributed bylines on 401(k)s, pensions, financials with a DE&I focus, litigation, regulation, best practices and op-eds.  A former technology editor, advertising copywriter, and academic advisor, Marwitz is the mother of three and walker/stick-thrower to a Welsh Corgi named Leeloo Dallas Multipass.
More from this author
Could 2023 Social Security COLA hit 9%?
Infographic: Americans’ net worth by age
How are long-COVID sufferers coping with work?
BenefitsPRO Expo preview: What HR professionals wish brokers knew
Health billing company draws ire from insurers over ‘cartel-like’ practices
Brad Kutner |
Funds suffered “catastrophic losses” as three senior portfolio managers concealed the magnitude of risk and actual investment performance of their trading strategy.
BenefitsPRO editors |
We are proud to introduce an exciting new recognition program — BenefitsPRO LUMINARIES — which will celebrate top benefits professionals and organizations that strive to transform and humanize the benefits business and set a bright example within the industry.
Emily Payne |
Health insurers appear to have emerged from the turmoil of the pandemic unscathed.
Guide
Sponsored by IDX
Detect and Protect: Keeping Employees Safe from Hidden Threats
The trick to early detection is keeping up with the latest trends in identity theft. Use this guide to help you detect hidden threats early and learn how to protect your employees.
Browse More Resources ›
Article
Sponsored by Healthee
How to Avoid Burnout as an HR Leader
Refer to this guide as a resource any time you feel stressed or overwhelmed. Feel free to share with your colleagues – many of these tips can be used in other departments to promote engagement and an overall sense of happiness.
Browse More Resources ›
White Paper
Sponsored by Guardian
Benefits Optimization: How Supplemental Health Benefits & Omnichannel Communications Support Workforce Well-Being for Employer Clients
Optimization is about offering the right benefits to the right workers through channels of their choice. Download this white paper to help your clients optimize their benefits communications and enrollment strategies to offer supplemental health benefits that help support their employees’ overall well-being.
Browse More Resources ›

Copyright © 2022 ALM Global, LLC. All Rights Reserved.

source