Data and Research | June 1st, 2023 Young Adult Retirement Confidence Linked to Worries About Uncertain Future This generation’s outlook on climate change, social injustice and political turmoil can very much affect how young adults feel about...
Data and Research | May 19th, 2023 Higher Default Auto-Escalation Rates Could Mean Fewer Opt-Outs, Voya Study Shows 401(k) plan sponsors could increase their default escalation increment to 2% to boost employee savings, according to research by Voya.
Compliance | April 5th, 2023 Everything You Need to Know About Maryland Saves The state-managed auto-IRA program launched in September 2022 and should cross $1 million in AUM in the coming days.
Benefits | March 15th, 2023 Companies Offer Immediate Eligibility for Retirement Deferrals to Attract Workers A Vanguard Group research paper quantified employer retirement plan design trends over the last 10 years.
Data and Research | February 6th, 2023 Retirement Account Balances Dipped 20% in 2022, Trading Lowest in 20 Years Despite economic challenges, plan participants were resilient saving for retirement, Vanguard Group data shows.
Ask the Experts | January 31st, 2023 Does the SECURE 2.0 Act Make 403(b) Plans More Like 401(k) Plans? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Compliance | December 22nd, 2022 With SECURE 2.0 Through The Senate, Retirement Experts Widely Endorse House Approval Legislation gets wide acclaim as a positive reform in the retirement sector as passage hinges on House vote.
Data and Research | September 9th, 2022 GAO Report Reviews Retirement Security Efforts Outside the US A longer window for workers to opt out of contributing to a retirement plan can harm participation, the research shows....
Ask the Experts | August 30th, 2022 How Do We Treat Rehires in an Auto-Enrolled 403(b) Plan? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Administration | August 22nd, 2022 Plan Progress Webinar: Plan Design Considerations to Boost Outcomes Experts suggest plan sponsors pair automatic features with multichannel education and emphasize to workers that they should save for retirement...
Administration | August 17th, 2022 Persistent Myths About Automatic Features Hurt Retirement Savers Misunderstandings, mistakes and myths concerning auto-features persist among plan sponsors, argues a senior retirement strategist at Capital Group.
Data and Research | August 10th, 2022 Minor Saving Increases Can Achieve 75% Income Replacement Vanguard projects lower 10-year equity market returns that will affect participants’ retirement savings, and recommends a participant default rate to...
Participants | July 26th, 2022 Plan Progress Webinar: Elements to Help Participants Prepare for Retirement Auto-escalation can help participants save sufficiently to create a reliable stream of income in retirement.
Administration | June 13th, 2022 PSNC 2022: Defining and Measuring Retirement Program Success While each employer defines and measures retirement program success differently, plan sponsors have a goal in common
Compliance | March 30th, 2022 Securing a Strong Retirement Act Easily Passes House Vote Supporters say the ambitious legislation package would expand retirement plan coverage and deliver benefits to relieve anxiety about having secure...
Compliance | February 22nd, 2022 Auto Re-enroll Bill Seeks to Improve Workers’ Long-Term Financial Stability The bill would encourage plan sponsors to re-enroll nonparticipants at least once every three years.
Data and Research | January 10th, 2022 Reframing Participant Communications Is Key for Plan Sponsors to Boost Retirement Savings A panel of retirement researchers examined participant behaviors that can assist with or deter workers from achieving optimal savings outcomes.
Administration | January 3rd, 2022 DC Plan Design Can Be Creatively Used to Get Participants Back on Track Dr. Shlomo Benartzi says the pandemic is a perfect time to use plan design features that tap into behavioral science.
Compliance | December 2nd, 2021 2021’s Retirement Legislation Wishlist Left Unfulfilled Retirement plan industry lobbyists and advocates hoped 2021 would deliver another much-needed round of reforms building on the SECURE Act...
Compliance | September 7th, 2021 Retirement Reforms Included in Key House Committee Budget Language Legislation drafted as part of the Congressional budget reconciliation process includes a broad mandate for employers to offer retirement plans,...