{"id":5214,"date":"2020-12-29T17:30:43","date_gmt":"2020-12-29T22:30:43","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=5214"},"modified":"2020-12-29T17:30:43","modified_gmt":"2020-12-29T22:30:43","slug":"2019-showed-record-retirement-plan-savings","status":"publish","type":"post","link":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=5214","title":{"rendered":"2019 showed record retirement plan savings"},"content":{"rendered":"\n<p>The Plan Sponsor Council of America\u2019s Annual Survey shows that 2019 was a great year for retirement plan savings by participants.<\/p>\n\n\n\n<p>The survey showed record contribution and participation rates. Plan sponsors contributed an average of 5.3% of compensation to participants, which was the highest recorded to date. In addition, plan participants contributed an average of 7.6% of pay in 2019.<\/p>\n\n\n\n<p>More than 90% of eligible employees in plans had an account balance.<\/p>\n\n\n\n<p>What is surprising to me is that only 70% of plans use an investment advisor for the plan, so that means 30% had no help.<\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>The Plan Sponsor Council of America\u2019s Annual Survey shows that 2019 was a great year for retirement plan savings by participants. The survey showed record contribution and participation rates. Plan sponsors contributed an average of 5.3% of compensation to participants, &hellip; <a href=\"http:\/\/therosenbaumlawfirm.com\/blog\/?p=5214\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5214"}],"collection":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5214"}],"version-history":[{"count":1,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5214\/revisions"}],"predecessor-version":[{"id":5215,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5214\/revisions\/5215"}],"wp:attachment":[{"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5214"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}