Tag: SCF
The brief’s key findings are: The Federal Reserve’s 2013 Survey of Consumer Finances provides an opportunity to examine trends in retirement savings over the past few years. The good news is increased use of target date funds; the bad news is no improvement in participation rates, significant leakages, and high fees. Surprisingly, for working households…
The release of the Federal Reserve’s 2010 Survey of Consumer Finances (SCF) is a great opportunity to reassess how families are doing with their 401(k) plans. The SCF is a triennial survey of a nationally representative sample of U.S. households, which collects detailed information on households’ assets, liabilities, and demographic characteristics. The 2001, 2004, and…
