Wednesday, June 15th, 2022 A biweekly topical newsletter from PLANSPONSOR Income in Retirement Information for defined contribution (DC) plan sponsors about products, strategies and tools to help participants create retirement income. SPONSORED AD Administration PSNC 2022: Options to Help Participants Create/Manage Retirement Income A discussion of the retirement income solutions plan sponsors can offer participants and how to decide which to adopt. Compliance PSNC 2022: Legislation and Regulations Regarding Retirement Income What do ERISA, the SECURE Act and government regulations say about retirement plan sponsors’ duties in offering retirement income strategies to participants? Data and Research Retirement Income Gaps Persist for Government Workers Female government workers save at lower rates than men in workplace defined contribution plans.  Data and Research Consultants’ Say Leading Clients Prioritize Evaluating Retirement Income Consultants report 76% of plan sponsors prefer to retain retiree assets in plan, up from less than half in 2015. Data and Research Workers and Retirees Hold Differing Views on Retirement Income Sources The Employee Benefit Research Institute's Retirement Confidence Survey revealed workers’ expectations of and retirees’ experiences with workplace plans.   Administration Plan Sponsors Are Mulling Retirement Income Options Plan sponsors are taking a deliberate approach to adopting retirement income solutions for participants since the passage of the SECURE Act. Did someone forward you this newsletter? Sign up here to get PLANSPONSOR Spotlight directly in your mailbox!

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