The bills, lacking Republican co-sponsors, are unlikely to pass, but are meant to address the financial hardship faced by federal workers during the government impasse.
Today’s defined contribution sponsors are pursuing cost reduction strategies and implementing artificial intelligence to support their plans, according to new research from Mercer.
The 2025 income limit for claiming the tax credit for lower-income workers who save for retirement has increase slightly to $39,500 for individuals filing their 2025 taxes.
Most of an adviser’s assets under management are controlled by clients who are dealing with either cognitive decline or chronic illness, the Retirement Income Institute reported.