DOL Advisory Group Continues Discussion of QDIA Decumulation Guidance
The ERISA Advisory Council members are reviewing proposed recommendations about defaulting participants into a retirement income product.
Tag: QDIA
Benefits |
Implementing Retirement Income Strategies
Plan sponsors shared the hurdles they face when evaluating retirement income options and implementing a strategy in-plan during a ‘Plan...
Advisory Council Sees More Work Ahead for Retirement Income Products as QDIA
The council rounded up three days of QDIA discussion that focused primarily on creating a pension-like guaranteed income option in...
ERISA Advisory Council Continues to Investigate Retirement Income in QDIAs
Testimonies from experts on embedding retirement income solutions in qualified default investment alternatives continued at Wednesday's meeting.
Benefits |
ERISA Advisory Council Delves Into QDIA Retirement Income Offerings
Experts providing testimony to EBSA focused on defined contribution in-plan annuity product offerings as the plan default.
ERISA Advisory Council Explores Annuity Default Options in DC Plans
Experts recommended annuities in QDIAs would help participants avoid outliving their assets.
Benefits |
PSNC 2024: Essential QDIA Considerations
Plan sponsors may need additional time and processes to consider qualified default investment alternatives, as various TDFs, managed accounts and...
Participant Spending Behavior Plays Role in Selecting QDIA, Guaranteed Income Solutions
New J.P. Morgan research finds that participants experience spending surges and volatility at different points of retirement.
ERISA Advisory Council to Study QDIAs and Health Insurance Appeals Processes
The council will report on their findings to EBSA.
Breaking Down ERISA Section 404(c) to the Basics
This provision is designed to protect plan fiduciaries from participants’ poor investment choices, but the plan sponsor is still responsible...
Plan Sponsors Should Be Intentional When Adding Managed Accounts
Standard benchmarking may not yet cover such offerings, but plan sponsors can monitor participant satisfaction, plans’ stated objectives.
DCIIA Provides QDIA Selection Advice to Plan Sponsors
Plan sponsors should consider their participants’ retirement income needs, ease of use, personalization and cost when evaluating qualified default investment...
How Plan Sponsors Make Sure Their QDIA Is Still the Best Option
Large plan sponsors explain what they look for in quarterly reviews of their plans' qualified default investment alternatives.
Without Lifetime Income Solutions, Participants Tend to Withdraw Too Much
Incorporating insurance into participants’ asset allocation may improve sustainable withdrawal rates by 70% or more, according to research from AllianceBernstein.
More Annuities Could Be Permitted as 401(k) Default if New Bill Passes
Current liquidity rules make it difficult to use an annuity as a QDIA, but new legislation would make it easier...
Products |
Investment Product Launches
Principal launches hybrid QDIA; Penn Mutual introduces Protection Whole Life; Xtrackers by DWS announces a new ETF; and more.
ERISA Suits Against Capital One and Booz Allen Hamilton Dismissed
The attorney for the plaintiffs says they will likely amend their lawsuits and re-submit after dismissal in U.S. District Court.
Passive TDF Performance Scrutinized in Latest String of ERISA Lawsuits
A new complaint against Booz Allen Hamilton alleges that ‘a simple weighing of the merits and features of all other...
The Role of Stable Value Funds as QDIAs or Otherwise
Though stable value funds might not be appropriate as the qualified default investment alternative for a defined contribution plan, they...
QDIA Basics
What plan sponsors need to know about qualified default investment alternative rules and how to select the appropriate one for...