Retirement
401(k) Participants in the Wake of the Financial Crisis: Changes in Account Balances, 2007–2011
The average 401(k) account balance for participants consistently participating in their 401(k) plans for the four years from 2007 through 2011 was up 23.5 percent at year-end 2011 compared with year-end 2007, despite the sharp decline caused by the bear market in 2008, according to a report released today by EBRI and ICI.
“2013 Health and Voluntary Workplace Benefits Survey: Nearly 90% of Workers Satisfied With Their Own Health Plan, But 55% Give Low Ratings to Health Care System,” and “How Does Household Income Change in the Ten Years Around Age 65?”
Health Care Satisfaction—While the vast majority of workers say they are satisfied with their own health insurance plan, more than half give low ratings to the American heath care system as a whole, according to a new survey by EBRI and Greenwald & Associates. Press release.
Household Income—Will Americans have to live on less after they turn age 65? It often depends on how much your income was before you turned age 65, according to a new report by EBRI. Press release.