ASEC Cosponsors America Saves Week - The American Savings Education Council (ASEC), part of EBRI’s Education and Research Fund, is once again cosponsoring America Saves Week (February 26 – March 3, 2018) – an opportunity for organizations to promote good savings behavior and for individuals to assess their own saving status. Partnering with America Saves, ASEC has helped develop useful savings tools and resources for organizations participating in America Saves Week, ranging from engaging contests, to social media posts and graphics, to sample presentations and activities. America Saves Week is garnering media attention, see this for an example: http://bit.ly/ASW_18

  • EBRI Issue Brief – February 2018

    Has Enrollment in HSA-Eligible Health Plans Stalled?

    Are we seeing fewer enrollments in HSA-eligible health plans? It’s hard to tell. Some surveys look at year-over-year growth of enrollment in HSA-eligible plans, which seems to be leveling off. Other surveys look at the number of health savings accounts being established, which continues to rise – for instance, EBRI finds that 21 percent of all HSAs were established in 2016. Are plan participants driving these differences as they change jobs and/or dis-enroll from HSA-eligible plans while maintaining ownership of existing HSAs and establishing new ones with new plans and / or new employers? What role does public policy play? Read the full article and accompanying Fast Fact. (Feb. 16, 2018)

  • EBRI’s December Retirement and Financial Wellbeing Policy Forum

    On December 14, 2017, experts gathered at EBRI’s 82nd Policy Forum to examine retirement security topics with a special focus on overall financial wellbeing. Presenters addressed issues such as how sufficiently have Americans saved for retirement, the best ways to address financial difficulties, and the relationships among short- and long-term financial needs and savings options. We summarize each presentation and provide links to the Forum’s replay, presentation decks, and other resources. (Jan. 11, 2018)

  • EBRI Notes – January 2018

    Workers Rank Health Care as the Most Critical Issue in the United States

    Workers rank health care as the most critical issue in the nation, according to new research from EBRI. The survey also finds that a majority of workers describe the health care system as poor or fair, though workers’ satisfaction in their own health plans remains high. Rising health care costs have implications for financial wellbeing among workers. Of the one-half of workers reporting cost increases, 26 percent state they have decreased their contributions to retirement plans, and 43 percent have decreased their contributions to other savings. The survey was made possible with funding support from the following organizations: AXA Equitable Financial Services, LLC, Cigna, Mercer LLC, Prudential Financial Inc., The Segal Group, Inc., and Unum Group. (Jan. 25, 2018) 

  • EBRI Issue Brief – January 2018

    Individual Retirement Account Balances, Contributions, Withdrawals, and Asset Allocation Longitudinal Results 2010–2015

    Using the EBRI IRA Database, this Issue Brief examines the trends in account balances, contributions, withdrawals, and asset allocation in IRAs from 2010-2015. Results from both the annual cross-sectional samples and a consistent sample of IRA owners who have been in the database in each year from 2010-2015 are presented. The cross-sectional overall average balance increased 36.1 percent from 2010 to 2015, while the increase for those IRA owners who continuously owned IRAs from 2010-2015 was 47.1 percent. Similarly, the cross-sectional share of assets allocated to equities increased from 45.7 percent in 2010 to 54.7 percent in 2015, while among consistent account owners, the share of assets allocated to equities increased from 44.5 percent in 2010 to 52.6 percent in 2015. Finally, among consistent Traditional IRA owners, 87.2 percent did not contribute to the IRA in any year, as opposed to 60.1 percent of consistent Roth IRA owners not contributing in any year. (Jan. 10, 2018)