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| Benefits & Administration |
| BlackRock DC Pulse Survey Highlights Sponsor Decumulation Challenge |
| BlackRock has released the results of its third Defined Contribution Pulse Survey, compiling the opinions of some 200 large defined contribution (DC) plan sponsors and about 1,000 plan participants. Sitting down to review the results with PLANSPONSOR, Anne Ackerley, head of BlackRock’s U.S. and Canada defined contribution business, said the data presents a pretty remarkable year-over-year uptick in participant confidence. But, despite this improvement in participant confidence, more plan sponsors this year than last have voiced a concern that their workers may have to delay retirement.Read more > |
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| DB Plan Q&A |
| DB Q&A: Defined Benefit Plan Mortality Assumptions |
| Last October, the Internal Revenue Service (IRS) issued final regulations and other guidance on the mortality tables that apply to defined benefit (DB) pension plans for the purposes of minimum funding. These directives affect the calculation of Pension Benefit Guaranty Corporation (PBGC) variable premiums, as well as lump-sum and other accelerated distribution options. Marcia Wagner, founder of The Wagner Law Group, answers questions about the IRS’ guidance about mortality tables that apply for the purposes of minimum funding for DB plans.Read more > |
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| Products, Deals and People |
| Businessolver and Transamerica Reveal One Wallet Initiative |
| Businessolver, a provider of benefits administration technology, announced a new strategic collaboration with Transamerica to offer integrated enrollment in retirement plans alongside employer-provided medical and voluntary benefits on the Benefitsolver platform.Read more > |
