EBRI_logo_base_black
EBRI
things

The EBRI Retirement Readiness Rating:™ Retirement Income Preparation and Future Prospects

With Americans living longer in retirement, the 2010 EBRI Retirement Readiness Rating™ shows dramatically high percentages of Americans—even in the upper-income categories—are likely to run short of money after 10 or 20 years of retirement. The new analysis by EBRI finds that almost two-thirds (64 percent) of Americans in the two lowest preretirement income levels will be running short after 10 years in retirement. However, the EBRI study also finds that after 20 years of retirement, almost a third (29 percent) of those in the next-to-highest income level will run short of money, as will more than 1 in 10 (13 percent) of those in the highest-income level. EBRI Issue Brief Jul 13, 2010 36 pages

‘Income of the Elderly Population Age 65 and Over, 2008,’ and ‘Examination of the Short-term Impact of the COBRA Premium Subsidy and Characteristics of the COBRA Population’

Social Security was the largest source of income for those currently age 65 and older, accounting for nearly 40 percent of their income on average, in 2008, according to a study released today by EBRI. However, the importance of Social Security varied widely, with the lowest income group very heavily dependent on the federal retirement program compared with those who have high incomes. Press release EBRI Notes Jun 3, 2010 16 pages

Health Savings Accounts and Health Reimbursement Arrangements: Assets, Account Balances, and Rollovers, 2006–2009

Assets in health savings accounts (HSAs) and health reimbursement arrangements (HRAs), two relatively new employment-based health benefit plan options , have grown in recent years and totaled $7.1 billion in 2009, up from $835.4 million three years earlier, according to a study by the nonpartisan Employee Benefit Research Institute (EBRI). In addition, the number of accounts in these plans, collectively known as consumer-driven health plans (CDHPs), also was up during the same period—totaling 5 million in 2009, up from 1.2 million in 2006. EBRI Issue Brief Jun 1, 2010 32 pages

‘Total Individual Account Retirement Plan Assets, by Demographics, 2007, With Market Adjustments to March 2010,’ and ‘Retirement Annuity and Employment-Based Pension Income, Among Individuals Age 50 and Over: 2008’

Assets in individual account retirement plan assets are concentrated in families with a set of common characteristics—higher net worth, higher family income, higher educational attainment, with older family heads, and with white, non-Hispanic heads, according to a study released by EBRI. Press release EBRI Notes May 6, 2010 20 pages

The Impact of the Recession on Employment-Based Health Coverage

Not surprisingly, the percentage of the nonelderly (under age 65) without employment-based health insurance coverage has grown during the recession, according to a study published today by the nonpartisan Employee Benefit Research Institute (EBRI). But in addition, for those who still have employment-based health insurance, deductibles and co-payments for office visits also have increased. EBRI Issue Brief May 4, 2010 24 pages

The Impact of Automatic Enrollment in 401(k) Plans on Future Retirement Accumulations: A Simulation Study Based on Plan Design Modifications of Large Plan Sponsors

New research from the nonpartisan Employee Benefit Research Institute (EBRI) finds that auto-enrollment of participants in 401(k) plans is likely to be most beneficial to young and low-income workers, although high-income workers are likely to benefit from it as well. It also confirms earlier results that large employers adopting auto-enrollment have significantly increased the employer “match” to their workers’ own 401(k) contributions. EBRI Issue Brief Apr 1, 2010 24 pages