- Given a choice about how to use a $5,000 bonus, nearly two-thirds (64%) would save it in their 401(k) rather than take the cash now. 48% immediately chose the 401(k) route and an additional 16% chose the 401(k) after tax consequences were explained.
- 74% of respondents said their 401(k)s have recovered from the financial crisis about as fast as or even faster than expected.
- Nearly three-quarters (74%) would rather pay low investment fees for index funds than pay higher fees for actively managed funds.
By Hal M. Bundrick NEW YORK ( MainStreet)--American workers with 401(k) plans are saving more but stressing-out on how to invest their retirement assets. And they're looking for some professional advice, according to a new survey released by Schwab Retirement Plan Services.