Benefits

Tax benefits and new credits aim to offset the cost of setting up new retirement plans and can be a ‘big win’ for plan sponsors.

Carl Gagnon, assistant vice president of global financial well-being and retirement programs at Unum Group, reflects on his tenure and provides insight into the future of plan design.

For employers, mailing COBRA notices by first-class mail to a former employee’s last known address is acceptable, Illinois federal court rules.   

Early findings from an annual survey show plan sponsors are providing nonqualified deferred compensation programs to a wider range of employees, a Newport executive says.

The transaction will remove $2.5 billion in pension liabilities from the company's books.

The rise in yields in recent years have not boosted the size of the contracts.

Private-sector employers with five or more employees would be required to offer a retirement plan under the bill.

A new report explains that the consumer price index for the elderly would need to be revamped before it could be used for any official purpose.

Equity markets kept funding levels up even as discount rates fell in May.

Four award-winning plan sponsors shared ways they have improved their plans in order to better serve their participants’ financial well-being.

Alaska and Rhode Island are examining options for public retirement plans, as not having pension plans has made it hard for public employers.   

Plan sponsors may need additional time and processes to consider qualified default investment alternatives, as various TDFs, managed accounts and retirement income options are all in play.

The contracts, totaling $14.6 billion in premiums, represent a 26% increase from Q1 2023 and an all-time record, LIMRA reports.

How sponsors of defined benefit pension funds can enhance their maintenance of those offerings, plus considerations for including DB plans in the total retirement planning picture.

Plan sponsors discuss innovative ways in which they address disparities in savings and participation within their retirement plans.

Government support and the efforts of recordkeepers will be crucial to increase the use of annuities in target date funds.

The majority of savers don’t know about Social Security’s solvency issues; though once aware, the vast majority want the government to act, according to a new Peterson Foundation...

As defined benefit plan sponsors look to de-risk and offload pension liabilities, the selection of annuity providers has come under increased scrutiny in recent lawsuits.

The Department of Labor’s Assistant Secretary Gomez offers tools and information for assisting with the transition to retirement from work in a new blog post.