Data and Research | June 12th, 2023 Retirement Plan Access Deficit Could Cost Fed, States $1.3 Trillion The lack of access for private sector workers to a retirement savings plan is likely to cost the federal government...
Compliance | June 6th, 2023 Car Parts Manufacturer Magna Denied 401(k) Lawsuit Exit A federal judge in Michigan allowed the lawsuit against Magna International to go forward while denying one of the defendants’...
Deals and People | May 11th, 2023 Vestwell, JP Morgan Announce Partnership Vestwell will bring its digital recordkeeping platform to JP Morgan's 401(k) product for small businesses.
Data and Research | May 10th, 2023 Retirement, Broad Financial Fallout From COVID Continues A defined contribution industry survey finds lasting financial effects to retirement plan participants.
Data and Research | May 9th, 2023 Retirement Contributions, Hardship Distributions Both Increased in Q1 Despite the markets dragging down retirement account balances, a snapshot of early-2023 activity shows workers still saving.
Benefits | April 28th, 2023 State Retirement Plan Proposed in Nevada for Third Consecutive Session Bill introduced in Nevada Senate includes auto enrollment but faces long road ahead after similar bills died in committee in...
Products | April 27th, 2023 Investment Product and Service Launches Nationwide adds in-plan guarantee for managed accounts; Alto announces capital-raising platform to tap IRA Funds; and more.
Benefits | April 21st, 2023 How Employers Select HSA Providers A diverse group of plan sponsors spoke about their decision-making process to choose a health savings account provider.
Products | April 19th, 2023 State Street Partners with Annexus For Retirement Income TDF The firms partnered on a retirement investment that includes a guaranteed income annuity.
Data and Research | April 18th, 2023 Report Reveals Increase in Number of Workers Delaying Retirement Employees are now more than twice as likely to describe their personal finances as fair or poor, as they are...
Benefits | April 17th, 2023 DOL Sues Profit-Sharing Retirement Plan of California Consultant The Department of Labor alleges an environmental consultant abandoned responsibility for its profit-sharing retirement plan in the late 1990s.
Compliance | April 14th, 2023 Study Shows State-Built Retirement Programs Complement Private Plans New state-facilitated initiatives may boost private sector plans, not crowd them out, a Pew analysis of federal data shows.
Data and Research | April 11th, 2023 Few Workers Expect to Reach Retirement Savings Goals Millennial and older workers expect it will take greater than $1 million saved in a workplace retirement plan to retire...
Data and Research | April 10th, 2023 Target-Date Funds Have Normalized Workers’ Equity Allocations Extreme and age-inappropriate allocations by workers to equities, of either 100% or nothing, have been solved by the Pension Protection...
Data and Research | April 10th, 2023 US Workers Increasingly Worried About Retirement Lifestyle Affordability Rising costs have driven an increase in the rate of Americans who worry they might not be able to afford...
Data and Research | March 23rd, 2023 Retirement Is Going to Change—But How? Although plan sponsors and financial professionals foresee some differences, they all expect changes to the retirement industry by 2030.
Data and Research | March 23rd, 2023 Household Retirement Readiness Drops to Fair From Good The Fidelity Investments assessment of retirement readiness peaked in 2020 and has since declined, research shows.
Benefits | March 15th, 2023 Companies Offer Immediate Eligibility for Retirement Deferrals to Attract Workers A Vanguard Group research paper quantified employer retirement plan design trends over the last 10 years.
Data and Research | March 7th, 2023 Retire-and-Relocate Strategy Can Pay Off for Some Retiree Homeowners Vanguard Group research showed that individuals intending to pursue such a plan in retirement must understand the risks involved.
Data and Research | March 7th, 2023 Employers Should Offer Variety of Retirement Income Options, Survey Shows A new report argues that plan sponsors should offer retirement income solutions such as annuities to provide lasting lifetime income...