Cash Balance Plans Particularly Appealing to Small Businesses
Kravitz research found that 92% of cash balance plans are in firms with fewer than 100 employees.
Latest News
Important Information Regarding Interest Rates’ Effects on Fixed Income Vehicles
An Insights article from Cammack Retirement notes how different fixed income vehicles perform under a rising interest rate environment and suggests DC plan sponsors offer a diverse menu...
Products |
Alight Announces Solutions Aimed to Reduce Employee Health Care Costs
The new solutions help employees find highly rated and cost-effective providers, guide them to the right programs and help them find lower cost prescriptions, which can reduce cost...
Missing Retirement Plan Participants Fare Better Than Those Who Cash Out
Despite intense DOL activity surrounding missing retirement plan participants, at least those participants’ retirement savings are preserved, say executives at Retirement Clearinghouse. And, focusing on a solution to...
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Vanguard Offers Commission-Free ETFs
The launch will allow Vanguard Brokerage clients to access the vast majority of ETFs, from providers including BlackRock, Schwab, and SSGA, without incurring additional costs to purchase or...
Gen X and Gen Y Making Sacrifices to Save More for Retirement
Many Gen Xers and Gen Yers deferred 90% or more of the Internal Revenue Service (IRS) maximum allowance for contributions to their retirement accounts, according to research by...
Is the Risk-Matching Precision of SMAs Worth the Cost and Complexity?
Vanguard research explains how CITs and mutual funds are just as beneficial.
Young Investors May Be Too Confident About Retirement
And they generally think they will need to save half of what Baby Boomers think is needed to retire comfortably.
Americans Continue to Increase Retirement Savings
Those who did not increase their retirement savings cited stagnant income, other financial priorities, increased household expenses and an unexpected financial emergency as reasons.
Benefits |
Employees Feel Employers Should Help Pay Student Loan Debt
IonTuition finds more than half (52%) of respondents still owe more than $15,000 in student loans, and the year-over-year data shows the number of respondents with more than...
Duke University Charged in Second 403(b) Plan Lawsuit
While the first lawsuit focused on excessive recordkeeping, administrative and investment fees, the new lawsuit focuses specifically on the university’s practices with regard to revenue sharing.
Litigators Not the Only Ones Looking Into Retirement Plan Investments and Fees
The EBSA’s Plan Investment Conflicts (PIC) project have reviewed conflicts of interest of fiduciary service providers and investment managers of plan asset vehicles that led to conflicted decision...
Institutional Investors Need to View ETFs Differently
Investors and broker-dealers should start treating ETFs as an asset class all their own, Kevin McPartland, with Greenwich Associates suggests.
Why Is It Recommended to Save 15%?
Most retirement experts currently recommend saving 15% of annual income. “There is mathematical backing to what we suggest,” says Roger Young, senior financial planner at T. Rowe Price.
Majority Think Financial Security Is Unattainable
Paying down debt is a higher priority for survey respondents than saving.
Few Sponsors Very Confident in Workers’ Retirement Security
A survey finds many small employers do not offer employees a retirement plan, and few employers that offer retirement plans extend eligibility to part-time workers.
Plaintiff Again Fails to Prove Standing in Voya Stable Value Challenge
Voya successfully moved to dismiss the amended claims under Rule 12(b)(6), arguing that the claims should be dismissed because they fail to plausibly allege the firm actually took...
IRS Extends Date for Opinion Letters for Third Remedial Amendment Cycle
The IRS notes that Rev. Proc. 2017-41 modified the pre-approved letter program by combining the master & prototype and volume submitter programs into a new opinion letter program.
Unions Object to Recouping Overpayment of Pensions From Members
The pension plan administrator for the city of San Jose employees has known about the overpayments due to miscalculations since 2011, but the overpayments continue.
IRS Approves Plan Sponsor’s Student Loan Repayment Benefit in 401(k) Plan
Because participants receiving a student loan repayment non-elective contribution can still make deferrals to the 401(k) plan and receipt of the contribution is not dependent on whether the...