Tag: Defined Contribution (DC)
Given a Choice, Public Sector Employees Choose DB Over DC
Among the eight states studied that offer employees such a choice, the take-up rate of DB plans was 80% or...
ERISA Challenge Targets Minnesota Hospital System
The latest retirement industry class action challenge, filed in the U.S. District Court for the District of Minnesota, names as...
Employers Eyeing Total Well Being Programs
In order to attract and retain top talent, employers are integrating benefits programs to address key issues.
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US SIF Offers Guide to Including Sustainable Investments in DC Plans
Along with practical tips and suggestions, the guide provides links to additional resources plan sponsors can leverage.
Older Workers More Likely to Decrease Retirement Savings
However, Bankrate.com found a larger percentage of every age group younger than 63 increased their savings than decreased them.
Participants Do Not Factor Tax Rates Into Retirement Savings Decisions
Researchers found that although education increased participants’ use of expected tax-rate changes in their plan choices, participants continued to display...
Plan Sponsors See Struggles if Moving to Roth-Only Retirement Savings
Forty percent of CIEBA members said it would be very or extremely difficult to explain the Rothification of 401(k) plans...
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Paper Discusses Principles for Offering Real Estate in DC Plans
“We continue to see increased investment and growing interest in adding direct real estate to DC plans,” says Michael O’Connor,...
DC Participant Investment Trading Dives in July
The month recorded the lowest trading volumes among DC plan participants since April 2012, Alight Solutions says.
Providers, Call Centers Strive to Educate Against Hardship Withdrawals
This time of year is a peak time for hardship withdrawal requests, providers say, and call center staff and provider...
Roth 401(k)s Growing in Popularity
In 2016, 13% of workers were invested in a Roth 401(k).
David L. Musto to Lead Ascensus
As part of its expansion efforts, Ascensus has named a new president and pledged to continue its rapid pace of...
Financial Shocks Hurt Americans' Retirement Savings
A research report says health crises, job losses or other life transitions lead retirement plan participants to pull money from...
Not All With Access to Retirement Plan Use It
Among private-industry workers, 66% had access to a retirement plan, but only 75% of this group either chose to or...
Treasury to Wind Down myRA Program
The department said demand for and investment in the myRA program has been extremely low.
Plan Sponsors Looking to Enhance Fixed Income Strategies
In order to preserve capital and protect participants from longevity risk, plan sponsors intend to put a bigger emphasis on...
Non-Proprietary TDFs Gaining More Attention
Larger plans are taking the lead in moving away from proprietary TDFs, and research shows plan sponsors are also moving...
Many DC Plan Sponsors Likely to Move From DC Plan to State Plan
However, employees are not confident in government administration of retirement savings, LIMRA found.
Nearly One-Quarter of Americans Worry They Will Never Be Able to Retire
Americans' next biggest financial fears are living paycheck to paycheck and never being able to climb out of debt.