The common mistake that could cost you your retirement: Here's how to make sure you're really contributing to a 401(k) [Yahoo! Finance]
Principal Financial Group Inc (PFG)
Last principal financial group inc earnings: 4/27 04:15 pm
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US:NYSE Investor Relations:
investors.principal.com/investor-relations/default.aspx
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Source: Yahoo! Finance
It turns out that some workers may be misinformed when it comes to their retirement preparedness. In fact, 59% of those not currently contributing to their 401(k) or other workplace retirement plan think they are, according to a recent survey from Principal Financial Group . More than 75% of those employees believed they started saving as soon as they became eligible to contribute. Principal's Amy Friedrich, head of benefits and protection, says the company is conducting additional research into why there's such a disconnect. But one reason could be that 40% of employees have had more than one job in the past five years, and while they may have been auto-enrolled previously, their new job may require manual enrollment. They could also be procrastinating enrolling or paying down debt in lieu of making retirement contributions. Friedrich also says the change from physical paychecks to digital could also be causing confusion: Workers now have to look harder for a breakdown of their
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PFG
Earnings
- 7/25/24 - Miss
PFG
Sec Filings
- 9/18/24 - Form 4
- 9/6/24 - Form 4
- 9/6/24 - Form 4
- PFG's page on the SEC website