Employer-Provided Retirement Planning Programs
Loading...
Penn collection
Wharton Pension Research Council Working Papers
Degree type
Discipline
Subject
Economics
Funder
Grant number
License
Copyright date
Distributor
Author
Contributor
Abstract
As older workers approach the end of their working career, they face a series of important decisions that will determine their economic wellbeing during their remaining lifetime. They must decide when to retire, when to start Social Security and company pensions, whether to annuitize 401(k) balances, and whether to take lump sums from defined benefit plans. Lack of knowledge or insufficient financial literacy may lead to regrettable decisions. This chapter assesses employer provided financial education as well as pre-retirement planning programs and examines their effectiveness in increasing knowledge and altering retirement behavior.
Advisor
Date Range for Data Collection (Start Date)
Date Range for Data Collection (End Date)
Digital Object Identifier
Series name and number
Publication date
2009-09-01
Volume number
Issue number
Publisher
Publisher DOI
Comments
The published version of this Working Paper may be found in the 2010 publication: Reorienting Retirement Risk Management (http://pensionresearchcouncil.wharton.upenn.edu/publications/books/reorienting-retirement-risk-management/)