| | Benefits & Administration | | In-Plan Income Still Intimidates Plan Sponsors | | A new survey suggests defined contribution (DC) plan sponsors are holding out for additional safe harbor regulations before offering more in-plan retirement income solutions. According to the “2015 Survey of DC Viewpoints,” DC plan sponsors believe a comprehensive safe harbor for in-plan retirement income solutions is still the “most needed” piece of regulation heading into 2016.Read more > | | As longevity rises, many policy experts contend that people’s working lives will also lengthen. But this argument assumes all workers have experienced the same increase in life expectancy—without factoring in socioeconomic status. “Does a Uniform Retirement Age Make Sense?,” just released by the Center for Retirement Research at Boston College, examines data on mortality and income. The brief finds that life expectancies for low socioeconomic status individuals have been improving more slowly than for individuals in a higher socioeconomic bracket in recent decades, causing the life expectancy gap to grow.Read more > |
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