Benefits

The asset manager has made its TDF with an annuity option the QDIA for its roughly 8,500 employees.

Conducting frequent benchmarking is a vital exercise for plan sponsors looking to improve their retirement plans and remain competitive against their peers, according to speakers on a webinar.

PBGC to provide assistance to the transportation workers' pension fund.

EBRI's Craig Copeland says, particularly for younger workers with long tenures in the DC system, Social Security and retirement plans work together as complementary systems.

Explaining the basics of the infrastructure underpinning 401(k) retirement accounts. 

The head of institutional investor advice at Vanguard shares her predictions for retirement plan trends next year.

The firm also reported record account balances in 401(k) and 403(b) accounts. 

Approved in 2019, RetireReady NJ launched in July in coordination with Vestwell.

The former Rhode Island church plan was underfunded by $88 million and was unable to fund the minimum required pension contributions.

Employers are reconsidering the most important factors in setting their workers up for savings success.

Implementing an effective employer contribution strategy requires plan sponsors to consider timing, costs and the workforce’s specific financial needs.

Several options could aid in recruitment, retention and financial wellness.

In less than 3 years’ time, the Pension Benefit Guaranty Corporation has awarded $69.5 billion through its Special Financial Assistance Program.

With many of Eastman Kodak’s illiquid assets being sold, the retirement plan committee was instructed to prepare ‘for a potential termination.’ 

A pilot program of RISavers administered by Vestwell is expected to begin in the spring of 2025, with a full program launch to follow.

The annual cap rises from the previous $100,000 limit.

Despite declining plan assets and weak investment returns, the first increase in discount rates since April helped funds gain ground in October.

A new academic paper found that automatic features, while a net positive, are not producing the long-term wealth formation some experts had expected.

The IRS is encouraging taxpayers to take advantage of flexible spending arrangements in 2025, with contribution limits set at $3,300. 

According to labor experts, the workers were uniquely positioned to earn the significant gains included in the aerospace company’s final contract offer.