Tag: defined contribution (DC) plans

In conclusion, IZA says, “the data do not support the idea that presenting optional 401(k) plan information in a simpler,...

They are on track to replace 75% of their income, compared to 64% for Americans overall.

“I am aware from a prior Ask the Experts column that the Bipartisan Budget Act of 2018 made some changes...

The new law extends the time a participant has to repay loans from 60 days after an offset to the...

Michael Barry, president of October Three (O3) Plan Advisory Services LLC, discusses support for—and some opposition against—providing lifetime income disclosures...

“We continue to see the significant impact plan design and financial wellness programs have on participant behavior, as evidenced by...

An institutional investment approach uses outcome-oriented investments, broad asset class diversification, best-of-breed investment management, a thoughtful mix of active and...

The solution offers participant features and additional customizable features typically enjoyed by larger corporations.

On top of this, more than three in four worry Social Security could be extinct by the time they retire.

Ongoing education makes participants aware of the plan and underscores its value.

Current regulations requiring paper delivery of participant DC plan information can cost investors between $350 to $500 million per year,...

Half of retirees say they spend less in retirement than they did in their working years.

"Having a plan in place to manage their finances can help retirees feel confident about spending their assets and address...

Outflows were primarily from target-date (35%), emerging markets (27%) and company stock (27%) funds, the Alight Solutions 401(k) Index shows.

Together, they supply 40% of retirees’ income.

Many people are unaware of their triple tax advantages, that balances can be carried forward and that the money can...

Among those who have made an estimate, the median amount is $650,000, Bankrate.com learned in a survey.

The blueprint calls for nine design features of the new contract.

A mere 2.7% of Americans stopped contributing to their defined contribution plan in 2017, the ICI reports.

Empower identified “habits of success” that correlate with higher projected retirement income—saving in a workplace retirement plan, saving at a...