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According to the firms, StoryLine’s approach “recognizes that every plan sponsor and employee is unique.”

They want to find other ways to use RMD payments.

However, Morningstar found fees remain elevated and transparency remains poor.

If the proposed rules are finalized, there would be no more suspension of deferrals after a hardship withdrawal or requirement to take a loan before one.

And public sector employers are more likely than their peers to offer a full range of benefits.

VALIC Appoints New Business Development Vice President; JHRPS Promotes Executives as SVP Retires; Aon Adds Sales Director to Pennsylvania Office; and more.

One key misconception to break is that Social Security is meant to be an adequate source of income on its own for retirees.

Findings reported in a new white paper suggest that government-subsidized loans would not be an effective mechanism for preventing multiemployer pension plan insolvencies.

GoBankingRates finds that needing to pay off credit card and other debt is a major roadblock to retirement saving.

With plan data and trends accessible anytime from a variety of devices, plan sponsors will be able to tailor strategies to help drive enhanced retirement-readiness outcomes for their...

The Standard Grows Stable Value Fund Options, and First Trust Creates Dow Jones International Internet ETF. 

In the conclusions chapter of the report, the Securities and Exchange Commission says respondents expressed generally positive assessments of the format and content of the Customer Relationship Summary.

The agency is inviting public comment on the proposed exemption and encourages additional proposals.

With the acquisition, Victory Capital is planning on developing a nationwide financial literacy platform designed to support the military community, USAA members and their families. 

At an event marking the milestone for the 401(k), attendees were very optimistic about the future opportunities for the plan and surrounding industry. 

Entities that monitor defined benefit (DB) plan funded status noted that the decline could have been worse had interest rates not increased and pushed down plans’ liabilities.

For the year ended September 30, they are up 6.90%, according to the Wilshire Trust Universe Comparison Service.

Workers younger than 35 are realizing they need to start saving now, according to Ascensus; however, only 30% are on track to meet their retirement savings goals.

Twenty-two percent do not know how their assets are invested, Legg Mason found in a survey.

An analysis of participants who remained active in the same 401(k) plans from year-end 2010 through year-end 2016 shows their accounts balances more than doubled in that period.