In the U.S., pre-retirees think they will need 74% of their income to live comfortably in retirement, but retirees actually receive 58%, and the majority of retirees consider their income to be sufficient, a survey finds.Read more >
Michael Barry, president of October Three (O3) Plan Advisory Services LLC, discusses support for—and some opposition against—providing lifetime income disclosures to DC plan participants.Read more >
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With some exceptions, Pension Benefit Guaranty Corporation (PBGC) premium payers and data providers can now assume filing relief from the pension insurer in each case that the Internal Revenue Service (IRS) issues its own disaster-related relief that impacts the filing of Forms 5500.Read more >
