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According to the fund, an error occurred due to its lack of access to more comprehensive data on deaths.

Milliman reports that investment performance in January ranged from a loss of 1% to a gain of slightly more than 1%.

T. Rowe Price using Clearwater Analytics’ stable value investments; Robinhood kicks off gig workplace IRA offering with employers including Grubhub; The Hartford to offer Origin financial wellness program...

The organizations plan to conduct research and educate plan sponsors and participants on fraudulent activity in retirement plans to increase awareness of the rampant issue.

The vote was held in a closed session and advanced by a party-line vote; meanwhile, the Senate committee chaired by Bernie Sanders ponders a return for DB plans.

The retirement income solution functions like a target-date fund, embedding the option to annuitize a portion of a participant’s assets starting at age 55.

The plan sponsor and its advisers proved they had conducted the appropriate due diligence in selecting funds and managing the retirement plan, the judge concluded. 

Ali Khawar, of the Employee Benefit Security Administration, indicated that the agency may be set to finalize amendments to the fiduciary correction program in the coming months.

The number of 401(k) accounts with balances exceeding $1 million at Fidelity rose 20% in the final months of 2023.

The same Senate committee will also host a panel to discuss methods of expanding access to defined benefit plans.

The March 27 event will see panelists discuss how mounting debt can negatively impact employees’ 401(k) contributions and balances.

Michael Finke and Tamiko Toland announced the launch of IncomePath—a tool to help retirees visualize what they can spend in retirement, while factoring in investment risk, annuity options...

The measure would expand retirement access for the private sector workforce, joining 15 other states.

A luxury goods company, media company, beauty retailer and media and entertainment company are all employers implementing student loan debt repayment matching this year.  

Plan sponsors, recordkeepers and payroll providers face many challenges when it comes to implementing the SECURE 2.0 provision requiring certain catch-up contributions to be made on a Roth...

Alerus names top retirement services officer; Newport bolsters NQDC unit; T. Rowe board chair Stromberg steps down; and more. 

Improvement is primarily due to SFA grants and asset performance, Milliman finds.

Federal judge allows lawsuit against American Airlines’ defined contribution plans to proceed.   

LifeYield releases Annuity Income Layer; NAGDCA offers enhanced SECURE 2.0 Resource; and Voya launches new supplemental health benefit to help with out-of-pocket costs; .

Investors with more than $1.5 million in assets scored twice as high on the literacy quiz than those with less than $100,000, according to The American College of...