IRS Private Letter Ruling Allows Employer to Increase Plan Design Flexibility
Under the ruling, participants are able to elect where they would like the employer’s nonelective contributions to be allocated, including...
Tag: DC Plan Design
Optimizing Plan Design in the Investment Menu
Experts discuss the trends of streamlining the investment menu and adding lifetime income options
Benefits |
Design Options: Building Strong Retirement Plans
Retirement plan designs that include features and investment options incorporating retirement income into defined contribution plans are a 'good starting...
Benefits |
Providing Retirement Benefits Can Benefit Employers
Tax benefits and new credits aim to offset the cost of setting up new retirement plans and can be a...
Benefits |
Upcoming Trends in Plan Design: From the Perspective of a Retiring Plan Sponsor
Carl Gagnon, assistant vice president of global financial well-being and retirement programs at Unum Group, reflects on his tenure and...
Benefits |
PLANSPONSOR Roadmap: Check Your Demographic Mirrors
Using data on participants’ attitudes about saving and investing can help plan sponsors create more tailored benefits, according to panelists.
Citi Gets DOL Approval for Diverse Manager Plan Fee Payments
The bank’s attorneys tout a positive response from the DOL on the program designed to promote diverse asset managers in...
Benefits |
Customized Benefits, Financial Literacy Are Key to Closing the Racial Retirement Savings Gap
It is in plan sponsors’ best interest to improve the financial health of workers and address disparities, researchers say.
NAGDCA Announces 2023 Leadership Award Winners
The awards were presented to government-sponsored defined contribution plan administrators and service providers across five categories.
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The Retirement Income ‘Low-Hanging Fruit’ Option Open to Plan Sponsors
Plan sponsors and their retirement industry providers can take steps toward facilitating greater coordination and use of systematic withdrawals by...
Benefits |
AI Has Potential to Improve Plan Design, Expand Retirement Plan Access
Users may not be able to rely on artificial intelligence for financial advice yet, but technological developments are already making...
Has Vesting Gotten Controversial?
Education and communication are key to getting plan sponsors and participants on the same page.
Americans Kept Saving in 2021
Vanguard's annual report credits measures such as automatic escalation for helping to keep participants saving through COVID-19.
Vanguard Finds Positive Savings Behaviors by DC Plan Participants
Despite market volatility, few participants in defined contribution (DC) plans served by Vanguard made one or more portfolio trades during...