Retirees and Retirement Amid COVID-19

Many retirees had a fragile financial picture before the pandemic, and are now even more vulnerable. While most retirees weren't working before the pandemic, and thus are better able to weather the storm, many would be unable to pay large out-of-pocket costs if they were hit with unexpected bills. This research report is based on a survey conducted in late 2019 and offers comparisons with a supplemental survey conducted in June 2020. 

Tips for Claiming the IRS Saver's Credit

Learn more about the Saver's Credit, an IRS tax credit for eligible taxpayers who save for retirement in a 401(k), 403(b), or similar employer-sponsored retirement plan; a traditional or Roth IRA. Unfortunately, 62 percent of workers are unaware of the credit, according to the 19th Annual Transamerica Retirement Survey of workers. 

A Compendium of Findings About U.S. Workers

Nineteen Facts About Women and Retirement

As part of its 19^th Annual Transamerica Retirement Survey of Workers, TCRS examines women’s retirement preparedness. This is the 14^th year that TCRS has published research showing that women are at a greater risk of not achieving a financially secure retirement compared to men. This study covers research of more than 3,000 women workers in the U.S. and provides insights to their retirement outlook. With this study, TCRS aims to raise awareness of the retirement risks that women face and highlight opportunities where women can take greater control of their long-term financial security. 

Employers: The Retirement Security Challenge

As part of its 19th Annual Retirement Survey, TCRS surveyed more than 1,800 employers of for-profit companies with five or more employees to examine their business practices and benefit offerings that enable people to work, save, and transition into retirement. 

The Self-Employed: Defying and Redefining Retirement

New TCRS research explores the unique opportunities and challenges for saving, planning, and preparing for retirement that self-employed workers face. This report offers valuable insights to assist the retirement process for self-employed workers.

What Is "Retirement"? Three Generations Prepare for Older Age

Retirement means "freedom" – a common thread weaving together Baby Boomers, Generation X, and Millennials in the workforce – yet simultaneously, people are grappling with how they will achieve financial success in older age. In an era in which people have the potential to live longer than any other time in history, how can we as a society fundamentally redefine retirement and our life journeys leading up to it? 

Savers Credit

Learn more about the Saver's Credit, an IRS tax credit for eligible taxpayers who save for retirement in a 401(k), 403(b), or similar employer-sponsored retirement plan; a traditional or Roth IRA. TCRS research finds that only one in three workers are aware of the credit.