(b)Lines Information and Insights for the 403(b) community / brought to you by PLANSPONSOR.
October 21st, 2016

What Is the ‘New Normal’?

A number of analysts have predicted that the slower growth of the U.S. economy after the Great Recession could cause stock market returns to fall from 7%—the current annual average—to a possible 5% in the decades to come. Without even factoring in the potential implications for savings due to rising interest rates, those projections will undoubtedly have people rethinking how their savings will look as income.Read more >

Employees Cutting Savings Due to Health Care Costs

Many employees experiencing health care cost increases decreased contributions to retirement plans, the Employee Benefit Research Institute finds.Read more >
ASK THE EXPERTS
Groom Law Group and Cammack Retirement Group will field your questions concerning 403(b) plans and regulations. Email rebecca.moore@strategic-i.com with Subject Ask the Experts

Student Loans Hinder Participants From Saving More for Retirement

Workers with student loans are participating in employer-sponsored retirement plans at a lower rate than those without outstanding student loan debt, a survey finds.Read more >

DC Plans a Gateway for Mutual Fund Investing for Millennials

Forty-five percent of households headed by Millennials held their funds only through employer-sponsored retirement plans, according to the Investment Company Institute.Read more >

Principal Adds Retirement Strategy Checkup to My Virtual Coach

The Principal Financial Group has added new features to My Virtual Coach, its retirement plan enrollment assistance tool. A newly launched conversation provides participants with an annual checkup to help track their progress and give their retirement strategy a once-over.Read more >

Social Security Announces COLA for 2017

Social Security and Supplemental Security Income recipients will see a slight increase in payments next year.Read more >

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

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