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Sales reached a record-setting $16.2 billion in the second quarter, a 31% increase from 2022, LIMRA found. 

Snappy Kraken introduces AI email builder; American Life & Security Corp. launch annuity product; Vanguard expands active lineup; and more.

Airline employees enrolled in an emergency savings program have also increased their 401(k) contributions.

Recruiting and retaining employees challenges plan sponsors, as employees are increasingly demanding more benefits and sources of guaranteed income, according to a TIAA survey. 

A new paper from Transamerica and MIT AgeLab shows how planning for retirement is linked to overall well-being.

Florida, Georgia, and Rhode Island rank lowest, according to analysis from the Economic Innovation Group.

Vanguard’s retirement head discusses SECURE 2.0’s Roth provisions and the need for plan sponsor communication to participants.

Employers will pay more than $15,000 per employee to provide health benefits in 2024, Aon projects.

Mid-year report finds there were fewer cases filed, as plaintiff law firms catch up on those they brought in 2022, but new entrants are using more accurate fee...

The former director of academic information resources at Howard University has sued the higher education institution, employees’ pension plan and Howard University Retirement Plan Committee.  

The Internal Revenue Service is providing expansive tax relief, including waiving the penalty fee for hardship withdrawals, for victims of the wildfires on the islands of Maui and...

The free retirement paycheck management tool will be offered to participants invested in American Fund retirement TDFs.

Companies completed 289 transaction in the first half of 2023, per an Aon study.

Spouting Rock Financial Partners debuted a new retirement-focused division.

Newly formed Collective Retirement Solutions taps Bill Higgins as MD; Ocorian promotes French to head of financial crime; Voya’s Penland joins DC alternatives board; and more.

The fund had a receiving-to-active participant ratio of nearly 50-to-1 as of 2021.

19 states have initiated programs to help workers prepare for retirement, and early adopters California, Oregon and Illinois account for most of the accumulated assets so far.

The proposal would change mortality tables and interest rate calculations.

AmericanTCs, Allianz come to market with in-plan annuities; Lincoln Financial upgrades its RILA to combat market volatility; Altruist adds multi-account onboarding; and more.

WTW finds many employers are making improvements to nonqualified plans with a goal of attracting and retaining top talent.