Tag: 401k
servicing strategies
Running the Show
Six essential responsibilities of a plan administrative committee
Putnam Launches DCIO Website
Putnam Investments unveiled a dedicated defined contribution investment only (DCIO) website for consultants, recordkeeping firms and investment research professionals.
IRS Reminds Workers About Saver’s Credit
Low- and moderate-income workers can take steps now to save for retirement and earn a special tax credit, according to the Internal Revenue Service (IRS).
Insights from Boomers Prepared for Retirement
When it comes to Baby Boomers and retirement preparedness, a little self-restraint and planning make a big impact on success.
Employee Fiduciary Redesigns Website
Employee Fiduciary LLC, a privately held and independent 401(k) recordkeeper, launched a redesigned website.
Legg Mason Extends MPI Tools to DCIO Platform
Retirement plan reporting and monitoring services from Markov Processes International (MPI) are now available to advisers on Legg Mason’s DCIO distribution platform.
Boomers with Pensions Still Face Uncertainty
While Baby Boomers participating in pension plans may feel more flexibility around their expected retirement date, nearly half still expect to retire with debt.
Only 33% of Small Businesses Offer Retirement Plans
Although 75% of small-business owners view their employees as family, cost considerations prevent them from offering a retirement plan....
Older Workers Show More Retirement Anxiety
The proportion of all workers expecting to delay their retirement date is 44%, according to the 2012 Mercer Workplace Survey.
401(k) Site to Link Advisers, Sponsors
ReviewMy401kPlan.com is set to launch soon as an online resource for plan sponsors to find and connect with qualified retirement plan advisers.
Financial Resolutions Hit All-Time High
A record number of consumers (46%) are considering financial resolutions, according to Fidelity Investments’ fourth annual New Year Financial Resolutions Study.
Auto-Enrollment Drives Up the Numbers
Automatic enrollment works to drive participation, New York Life Retirement Plan Services found in recent research.
ASPPA Asks for “Holdout” Rule Guidance
The American Society of Pension Professionals & Actuaries (ASPPA) asked the IRS to issue guidance clarifying the application of the one-year “holdout” rule.
Calculator Shows True Cost of 401(k)
Lincoln Trust Company introduced an online tool that helps 401(k) plan participants determine the true cost of their retirement plan.
IRA Assets Hit $5 Trillion in 1Q
Individual retirement account (IRA) assets reached $5 trillion in the first quarter of 2012, according to research from Cerulli Associates.
Retirement Plan Participation Rates Stalled
In 2011, the percentage of workers participating in an employment-based retirement plan was essentially unchanged from a year earlier.
ASPPA Launches ‘Save My 401k’ Campaign
The American Society of Pension Professionals & Actuaries (ASPPA) grassroots campaign aims at protecting tax incentives.
MassMutual Finds Plan Participants Are Younger
Generation X and Generation Y account for 55% of the participants in defined contribution (DC) plans administered by MassMutual.