Administration | November 6th, 2024 Another Trump Term May Change Tax Treatment of Retirement Plans From ESG investing in 401(k) plans to the solvency of Social Security, industry experts say the outcome of the election...
Benefits | October 10th, 2024 Social Security COLA Increase to Add About $50 per Month in 2025 The 2.5% increase was anticipated by industry watchers amid lower inflation.
Benefits | September 11th, 2024 Social Security COLA for 2025 Projected at 2.5% This projection for next year’s cost-of-living adjustment comes as the Consumer Price Index rose 2.5% over the last year, according...
Administration | September 5th, 2024 Social Security Administration Allows More Electronic Signatures The moves are part of a larger effort to streamline services.
Administration | August 19th, 2024 IRS Forms Public-Private Committee to Combat Tax Fraud The new coalition, an offshoot of the IRS’s Security Summit group, will work to reduce tax scams during the 2025...
Administration | August 12th, 2024 Inspector General’s Office Warns About Social Security Administration Scammers People at or near retirement age are being targeted in hybrid scams involving imposter Social Security Administration employees.
Benefits | July 25th, 2024 Americans Are United in Support for Social Security Voters agree that federal funding for Social Security needs to be addressed, but it is unclear if politicians will listen...
Data and Research | July 8th, 2024 Plan Participants Expect to Work Past Age 65 For plan sponsors, retaining older workers will require greater attention to plan designs that support workers at older ages.
Administration | June 11th, 2024 CPI-E More Generous, But Less Accurate, Congressional Research Service Says A new report explains that the consumer price index for the elderly would need to be revamped before it could...
Benefits | May 30th, 2024 EBSA Offers Retirement Planning Resources The Department of Labor’s Assistant Secretary Gomez offers tools and information for assisting with the transition to retirement from work...
Data and Research | May 21st, 2024 Financial Wellness Gap Between Men, Women Continues to Widen While overall employee financial wellness showed improvement this year, the wellness and retirement confidence gap between men and women remains...
Data and Research | May 15th, 2024 PGIM and TIAA Rethink 4% Withdrawal Rule, Finding Retirees Can Spend More For defined contribution plan participants, new research from PGIM and TIAA offers a fresh perspective on the usefulness of a...
Benefits | May 6th, 2024 Social Security Trust Funding Gains Year to 2035 Social Security board’s annual report says strong economy, job growth boost funding; calls on Congress to act for the future.
Products | March 21st, 2024 Product and Service Launches TIAA Distributes Annuity to Empower DC plans; HSA Bank launches emergency savings accounts; Navia partnership launches custom 401(k) plans; and...
Compliance | March 13th, 2024 Plaintiffs Request Judge Approve Settlement in ERISA Data Breach Lawsuit Attorneys for the plaintiffs in a case about cybersecurity liability for participant data asked a Georgia federal judge for final...
Compliance | March 11th, 2024 Mega Backdoor Roth Conversions Targeted by Biden Budget Proposal The budget proposal takes aim at ‘tax-free fortunes,’ and includes tax consideration to shore up Social Security.
Compliance | March 8th, 2024 Biden Opposes Social Security Cuts, Highlights Junk-Fee Rules in State of the Union The president focused his remarks on issues that stress Americans’ finances and vowed to protect Medicare and expand drug price...
Investing | March 7th, 2024 Product and Service Launches T. Rowe Price launches Social Security optimizer; IRI updates its retirement saving and income handbook; Just Futures launches ‘values-driven’ 401(k)s...
Compliance | February 28th, 2024 Julie Su’s Nomination for Secretary of Labor Passes Senate Committee The vote was held in a closed session and advanced by a party-line vote; meanwhile, the Senate committee chaired by...
Administration | February 7th, 2024 How Sponsors Can Get the Most out of DC Plan Design Changes Annuities may be a hot topic, but sponsors can add the most value to plans by incorporating features like auto-enrollment...