The Social Security Administration’s top actuary provided an estimate that the ‘Big Beautiful Bill’ will have ‘material effects’ on the funds’ financial status.
A much-anticipated executive order and industry promotion have led to increased attention on private investments’ inclusion in retirement plans, even though few currently offer them.
ERISA attorney David Kaleda joins Eversheds Sutherland; Ameritas announces national sales director of retirement plans; Voya Investment Management expands distribution team; and more.
The organization requested the department reconsider its decision to rescind prior guidance, which it stated could slow the adoption of annuities in retirement plans.
The asset class, currently being pushed as a retirement plan investment by the asset management industry, can tie up money longer than public equities.