12/4/2013 – More 401(k) plans add retirement planning advice (MoneyWatch)

Don’t know where to turn for retirement planning advice? The good news is more employers are offering retirement planning advice through their 401(k) and other retirement plans. But is this something you’ll want to take advantage of? Like many other retirement planning tasks, the answer is — it depends. Let’s take a look.

According to a survey from HR consulting firm Mercer, 79 percent of retirement plan participants report that their employer offers advice in their plan, up from 72 percent in 2011. About one-fifth of these participants actually seek this advice, and it’s interesting to see that these participants report higher confidence in their retirement than workers who pass up the advice.

Read the full article at MoneyWatch.

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