Don't understand your 401(k)? You're not alone, survey shows. [USA TODAY]
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: USA TODAY
In a , released this month, Principal Financial Group found that nearly six in 10 non-savers, 59%, wrongly believed they were contributing to a 401(k) retirement plan. The survey of non-savers reached 1,110 workers of various ages, races and incomes, linked by a common trait: None of them participated in a 401(k) offered by their employer. They thought they were contributing to a 401(k). They were not. Asked how much they were saving, most of the non-savers gave surprisingly specific figures: They were setting aside 5%, or 8%, or 10% of their income in a 401(k). Some workers said they were saving more than that. Not surprisingly, the finding suggests that some of those workers will have a hard time reaching their retirement savings goals. Retirement experts say the survey also points to a need for employers to communicate more clearly with employees about retirement savings. “We have a very complex system,” said Chris Littlefield, president of retirement and income soluti
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PFG
News
- Principal Financial Group, Inc. (NYSE: PFG) had its price target raised by analysts at Jefferies Financial Group Inc. from $74.00 to $78.00. They now have a "hold" rating on the stock.MarketBeat
- Reasons Why Investors Should Retain Principal Financial (PFG) [Yahoo! Finance]Yahoo! Finance
- You think your 401(k) looks bad? These people are doing worse — don't be one of them. [Yahoo! Finance]Yahoo! Finance
- The Average Millennial Expects To Retire Before 60, Why Many Think This Is Unattainable [Yahoo! Finance]Yahoo! Finance
- The best retirement account to open amid current tax rates [Yahoo! Finance]Yahoo! Finance
PFG
Earnings
- 4/25/24 - Miss
PFG
Sec Filings
- 6/24/24 - Form 11-K
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- PFG's page on the SEC website