Compliance | October 2nd, 2023 Retirement Contribution Limits, COLA Stay on Track With Continuing Resolution The DC contribution limit was projected to be $23,000 for 2024, and the IRS should stay on track in implementing...
Benefits | September 28th, 2023 Social Security Administration Cannot Calculate 2024 COLA if Government Shuts Down The Bureau of Labor Statistics, which would shut down completely, produces the data necessary to update the COLA.
Benefits | September 25th, 2023 COLA Projection at 3.2% as Inflation Cools Retirees should expect a COLA of 3.2% for 2024, according to the Senior Citizens League.
Deals and People | September 22nd, 2023 Retirement Industry People Moves Toland leaves TIAA to start annuity consultancy; Bryn Mawr Trust selects director of private wealth management; and First Eagle Investments...
Compliance | September 21st, 2023 Democrats Introduce Bill to Protect Social Security Benefits From Student Loan Garnishment Student loan payments are set to restart in October, and some collecting Social Security could soon see their benefits garnished.
Benefits | September 13th, 2023 Inequality Worse for Social Security Than Low Birthrates, Chief Actuary Says Stephen Goss said that income growth beyond the wage cap on payroll taxes was not anticipated during the reforms of...
Data and Research | September 13th, 2023 US Drops to 20th in Natixis Global Retirement Index Despite improvements in employment and income inequality, the U.S. slipped in the ranking, as high inflation and public debt caused...
Benefits | September 1st, 2023 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.
Benefits | September 1st, 2023 Plan Sponsors Increasingly Add Focus on Post-Retirement Strategy Modern support for participants should be ‘about much more than just managing the investment portfolio.’
Data and Research | August 23rd, 2023 Lines Between Work and Retirement Are Blurring, Research Finds A new paper from Transamerica and MIT AgeLab shows how planning for retirement is linked to overall well-being.
Data and Research | August 8th, 2023 Pre-Retirees Plan to Collect Social Security Early, Not Maximizing Benefit Although waiting until age 70 earns a retiree more Social Security benefits, many plan to start collecting earlier due to...
Data and Research | August 2nd, 2023 Nearly 90% of Jobseekers Consider 401(k) a ‘Must-Have’ Benefit Workers have continued to prioritize 401(k) saving despite inflation and market volatility, data shows.
Compliance | July 26th, 2023 Upcoming EBSA Webcast Will Focus on Helping Women Save for Retirement The August 16 webinar will focus on challenges and circumstances women face when preparing for retirement, as well as how...
Data and Research | July 7th, 2023 Gen Xers Profess Low Retirement Confidence, Concerns About Guaranteed Income As many in the generation worry they cannot rely on Social Security or a pension for lifetime income, Gen Xers...
Benefits | July 3rd, 2023 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...
Administration | June 28th, 2023 PSNC 2023: Addressing In-Plan Annuity Reluctance Employers are reluctant to incorporate annuities in-plan because they don’t feel the best options have come to market yet.
Data and Research | June 7th, 2023 Retirement Racial Wealth Gap Disproportionately Impacts Black, Hispanic Americans Debt and lack of access to a pension plan can make it especially difficult for Black and Hispanic Americans to...
Compliance | May 22nd, 2023 Retirement Confidence Plummeted in 2023, EBRI Study Shows Among current U.S. workers, retirement confidence fell by 9 percentage points, the largest drop since a 10-point slide in 2009.
Participants | May 18th, 2023 Older Workers Need Employer, Govt Support to Retire, Experts Say A panel hosted by EPI argues that older workers are stuck between retiring without enough money, or working beyond their...
Data and Research | May 16th, 2023 Nearly Half of Women Lack Workplace Retirement Plan Access, Survey Shows Low-income women are most at risk financially, and nearly two-thirds said they are not confident they have the information they...