Data and Research | January 17th, 2024 How Plan Sponsors Can Address Declining Retirement Confidence in 2024 Plan sponsors should consider diversifying their fixed-income allocations in their investment menus, as well as exploring optional SECURE 2.0 provisions,...
Investing | January 5th, 2024 How TDF Managers Are Reacting to High-Interest-Rate, Inflationary Environment Asset managers at Vanguard, BlackRock and T. Rowe Price express varying views on how equities and bonds should be allocated...
Data and Research | January 2nd, 2024 Inflation, Student Loans Continue to Be Stressors for Participants Heading Into 2024 While many employees reported receiving pay raises in the last year, the majority say their salary is not keeping up...
Data and Research | November 9th, 2023 Employees Increasingly Concerned About Debt, Effects of Interest Rates Mercer experts identified a variety of trends impacting defined contribution plans, including new types of lawsuits, high interest rates and...
Data and Research | October 24th, 2023 More Workers ‘Terrified’ They Cannot Afford Health Care in Retirement The average cost of health care in retirement is nearly triple what Americans estimate.
Data and Research | October 23rd, 2023 Union Members Report Faring Better Financially, Yet Take More Loans Loans and hardship withdrawals from a retirement savings account are more prevalent among Taft-Hartley plan members, with Gen Xers leading...
Investing | October 18th, 2023 Participants Lack Understanding of TDFs, Unsure About Withdrawal Needs Employees surveyed by MFS Investment Management expressed confusion about the benefits of target-date funds and a lack of confidence about...
Benefits | October 17th, 2023 COLA Announcement Prompts Call for Better Inflation Protection Some industry experts suggest another inflation measure could better reflect costs for older Americans.
Benefits | October 16th, 2023 Is It Time for an ERISA Reboot? Many industry experts believe there is a need for an ‘ERISA 2.0’ that includes a stronger framework for universal coverage,...
Administration | October 12th, 2023 Social Security COLA Announced as 3.2% for 2024 Monthly Social Security checks will increase about $59, a lower increase than in recent years but still larger than the...
Data and Research | October 11th, 2023 Youngest Workers Feel They Face Most Retirement Obstacles Workers from Generation Z say the cohort experiences higher financial stress than other generations, affecting their job performance, according to...
Compliance | October 2nd, 2023 Retirement Contribution Limits, COLA Stay on Track With Continuing Resolution The DC contribution limit was projected to be $23,000 for 2024, and the IRS should stay on track in implementing...
Benefits | September 27th, 2023 Plan Sponsors Offering Wellness Resources See Increased Worker Satisfaction Bank of America recommends plan sponsors act to promote greater employee retirement readiness.
Benefits | September 25th, 2023 COLA Projection at 3.2% as Inflation Cools Retirees should expect a COLA of 3.2% for 2024, according to the Senior Citizens League.
Data and Research | September 14th, 2023 The Impact of Spending Spikes on Retirement Readiness Report reveals that higher credit card debt is associated with lower 401(k) contributions and account balances.
Data and Research | September 13th, 2023 US Drops to 20th in Natixis Global Retirement Index Despite improvements in employment and income inequality, the U.S. slipped in the ranking, as high inflation and public debt caused...
Data and Research | August 8th, 2023 Plan Sponsors Add Benefits to Blunt Inflation’s Sting Goldman Sachs Ayco analyzed workplace compensation and benefits offerings, with controlling health care costs a particular focus.
Data and Research | August 2nd, 2023 Nearly 90% of Jobseekers Consider 401(k) a ‘Must-Have’ Benefit Workers have continued to prioritize 401(k) saving despite inflation and market volatility, data shows.
Investing | July 12th, 2023 US Corporate Pension Funded Status Sees Significant Jump in June The funded status reached its highest level since before the Great Recession of 2007 to 2009, according to one analyst...
Data and Research | June 9th, 2023 US Public Pensions ‘Convinced’ Inflation is on Path to Moderation Following nine successive Federal Reserve interest rate hikes and inflation hitting a peak of 9.1% in June 2022, U.S. public...