Products | January 4th, 2024 Investment Product and Service Launches PGIM launches 2 buffer ETF series; Federated Hermes launches total return bond ETF; and SoFi offers 2% match on IRA...
Compliance | December 7th, 2023 SECURE 2.0 Corrections Drafted by Congress The bill will likely have to be added to a budget bill early in 2024 to pass.
Deals and People | July 20th, 2023 DCIIA Hires Former CalSavers Director Selenski The inaugural executive director of California’s state retirement savings program, Katie Selenski will consult on strategic projects for DCIIA and...
Administration | July 20th, 2023 Hawaii Seeks Executive Director to Establish State Retirement Savings Program The state’s private sector retirement plan, slated to take effect in July 2024, hopes to say aloha to its first...
Benefits | July 7th, 2023 DOL Sues SIMPLE IRA Plan Sponsor for Pocketing Retirement Deferrals A Minnesota HVAC company is alleged by the Department of Labor to have misappropriated the retirement contributions of its’ employees,...
Benefits | April 28th, 2023 State Retirement Plan Proposed in Nevada for Third Consecutive Session Bill introduced in Nevada Senate includes auto enrollment but faces long road ahead after similar bills died in committee in...
Products | April 27th, 2023 Investment Product and Service Launches Nationwide adds in-plan guarantee for managed accounts; Alto announces capital-raising platform to tap IRA Funds; and more.
Data and Research | April 12th, 2023 Interest in Retaining Retiree Assets Has Grown, Highlighting Retirement Income There is an opportunity for asset managers to focus their distribution of retirement income products, as interest in keeping retired...
Investing | March 30th, 2023 North Carolina Lawmakers Introduce Bill Backing Retirement Offerings A Republican-introduced bill in North Carolina would make it state policy to “assist private sector working households” in saving for...
Data and Research | February 23rd, 2023 Retirement Accounts Up Despite Inflation, Volatility Fidelity data shows that 74% of workers globally cite cost of living and inflation as sources of stress.
Compliance | February 22nd, 2023 Overturned DOL Rollover Rule Likely to Be Appealed, Attorney Says The DOL is expected to appeal a district court’s decision, which could result in the rule being re-instated.
Compliance | February 10th, 2023 SECURE 2.0 RMD Change Could Cause Trouble in States With Certain Unclaimed Property Laws Kentucky, Maine, Colorado and Nevada will have to update their escheatment laws or take the risk of unjustly taking over...
Products | December 7th, 2022 Online Brokerage Robinhood Introduces Retirement Account Robinhood Retirement is now offering an IRA with a 1% company match from the stock-trading platform.
Data and Research | November 17th, 2022 State-Sponsored IRA Plans Have Potential to Boost Worker Savings An issue brief from Rice University finds state-sponsored retirement plans are still works in progress.
Data and Research | September 13th, 2022 Focused Retirement Savers Are Not Dispirited by Inflation A Principal survey of “super savers” shows that a majority have been saving more over the past two years than...
Compliance | April 25th, 2022 Some New RMD Rules Creating Confusion for Participants and Beneficiaries Retirement plan sponsors cannot give advice, but they’ll likely get questions about distributions from inherited accounts.
Compliance | June 2nd, 2021 Senators Introduce Enhancing Emergency and Retirement Savings Act It would allow retirement plan participants and IRA holders to take money out of their accounts tax-free.
Products | May 25th, 2021 FPS, iJoin Streamline Rollovers from 401(k)s to IRAs The automated service is for accounts that have $5,000 or less.
Participants | May 24th, 2021 How to Get Participants to Really Think Twice About Early Withdrawals Educating participants and offering them guidance on rollovers can substantially reduce loans, hardship withdrawals and cash-outs, experts say.
Compliance | April 23rd, 2021 Taking Steps to Expand Retirement Plan Access Between state-run plans, PEPs and moves to enhance SIMPLE plans, different entities are tackling the same problem in different ways.