Benefits

Equity markets kept funding levels up even as discount rates fell in May.

Four award-winning plan sponsors shared ways they have improved their plans in order to better serve their participants’ financial well-being.

Alaska and Rhode Island are examining options for public retirement plans, as not having pension plans has made it hard for public employers.   

Plan sponsors may need additional time and processes to consider qualified default investment alternatives, as various TDFs, managed accounts and retirement income options are all in play.

The contracts, totaling $14.6 billion in premiums, represent a 26% increase from Q1 2023 and an all-time record, LIMRA reports.

How sponsors of defined benefit pension funds can enhance their maintenance of those offerings, plus considerations for including DB plans in the total retirement planning picture.

Plan sponsors discuss innovative ways in which they address disparities in savings and participation within their retirement plans.

Government support and the efforts of recordkeepers will be crucial to increase the use of annuities in target date funds.

The majority of savers don’t know about Social Security’s solvency issues; though once aware, the vast majority want the government to act, according to a new Peterson Foundation...

As defined benefit plan sponsors look to de-risk and offload pension liabilities, the selection of annuity providers has come under increased scrutiny in recent lawsuits.

The Department of Labor’s Assistant Secretary Gomez offers tools and information for assisting with the transition to retirement from work in a new blog post.

Transaction with MetLife is one of several billion-dollar buyouts completed so far in 2024.

In less than a year in the program, News Corp. reports strong uptake from participants enthusiastic about repaying loans while continuing to save for retirement.  

When a hospital goes through a merger or acquisition, health care workers must deal with salary and benefits changes, which can lead to stress and distrust in senior...

In a webinar hosted by the Aspen Institute, retirement industry leaders discuss how the current defined contribution system fails to help disadvantaged workers save for retirement.

Social Security board’s annual report says strong economy, job growth boost funding; calls on Congress to act for the future.

Several private-sector employers in Delaware will participate in Delaware’s pilot auto-IRA program, and CalSavers continues to achieve milestones.

Government plans need more guidance from the IRS to address payroll-related complications that affect compliance with parts of SECURE 2.0.