Benefits

An average increase of $75 a month will be included in monthly Social Security checks for more than 72 million recipients.

One of the largest market losses of the year was offset by a 47-bps increase in benchmark corporate bond rates.

The Institutional Retirement Income Council’s Kevin Crain says using a common vocabulary would reduce participant confusion over income products.

MetLife revealed that 80% of sponsors plan to completely divest their liabilities within the next five years.

Voya had recordkept the plan since its inception.

Since its inception in 2021, Special Financial Assistance Program grants have added 9% to the aggregate funding level of U.S. multiemployer plans, per Milliman.

Plan sponsors are seeking flexibility, rather than planning for hibernation or termination, as they consider how to get the most from a fully funded plan.

Debates are ongoing about the most efficient and effective ways companies can use the money they would otherwise contribute to their plan.

Borrowers now have until year-end to enroll in automatic payments and secure a 1-percentage-point discount.

With employers seeking ways to tackle premium hikes, individual coverage health reimbursement accounts could be part of the solution.

A small drop in interest rates was more than offset by market returns last month.

Experts stress the importance of setting financial controls with providers during the request-for-proposal process, especially regarding pharmacy benefits. 

Companies can utilize the accounts to help their workers overcome hesitations to invest, speakers said.

Leveraging pharmacies for medical care and incentivizing employees to seek preventive care are among the ways plan sponsors are trying to keep cost hikes in check.

The agency raised rates that pension plans and multiemployer plans use for valuation and funding purposes.

Washington’s state-facilitated retirement savings program is scheduled to open in July 2027.

Cash balance plans grew by 1,025% over two decades, according to an Ascensus report.

Liabilities dropped, buoying muted equity returns—a new story for 2026.

A new PensionBee white paper claims some IRA providers make money in ‘hidden ways.’

Global retirement experts suggest investment options, advice and artificial intelligence can all help with drawing down defined contribution savings.