Technology Helps Improve Retirement Outcomes
Technology helps 401(k) plan participants by improving retirement plan outcomes. Retirement plan participant engagement is up, thanks to investments retirement plan providers have made in technology. This is evidenced by improvements seen in email, digital savings tools, and online content such as videos, webinars, and articles. That’s according to research from Cerulli Associates, cited recently in InvestmentNews. A quarter of plan participants now prefer to receive 401(k) account information via email, up from 9% in 2020. And, 86% said digital savings tools and calculators offered on the provider’s website are very or somewhat helpful, up from 77%, according to the report. Around three-quarters of participants said digital content like articles, videos, and webinars ...