Retirement Savings in the COVID-19 Era: The Good, the Bad, and the Ugly

QMA

June 2020

The extreme market volatility unleashed by the COVID-19 pandemic has taken a heavy toll on retirement accounts, defined contribution (DC) plan accounts included. With the retirement savings environment likely to remain difficult for the foreseeable future, QMA portfolio manager and strategist, Jeremy Stempien, dissects the challenges COVID-19 presents both plan sponsors and participants, while also highlighting some positive developments that could mitigate the impact of future market downdrafts on retirement savings.