Tag: Defined contribution

As a general matter, DC Direct Real Estate product structures should accommodate the unique considerations that are important to DC plan fiduciaries, such as investor eligibility, regulatory oversight...

Some providers train call center staff to educate participants about the implications of taking a hardship and other options.

Advisers and plan sponsors may think the sanctions bill doesn't affect them, but it does, according to a Groom Law Group Benefits Brief.

Health crises, job losses and other life transitions can reduce workers’ earnings and cause them to stop saving for retirement.

American taxpayers have paid nearly $70 million to manage the program since 2014, the department said.

DC plan sponsor clients can leverage both TDFs and managed accounts together to maximize outcomes.

Smaller plans traditionally have lagged behind large plans when it comes to embracing best practices under ERISA, but survey data shows the picture is changing. 

More DC plan sponsors are selecting non-proprietary TDFs and CIT TDFs, research finds.

Plan sponsors' fear of plan lawsuits is highly correlated to willingness to discontinue a DC plan in favor of a state solution, LIMRA finds.

Nearly two-thirds, 63%, of those between the ages of 26 and 64 participated in their plan directly or through their spouse.

When DC plans were first launched, plan sponsors mostly viewed them as a tool to attract and retain employees.

The organization has issued a report analyzing what is working in DC plans and how the existing tools can be leveraged further.

Even though many small businesses lack retirement plans, a study by LPL Financial suggests minor tax adjustments could nudge them in the right direction.

"Employers may want to reevaluate the allocation of benefit dollars to better respond to employees’ needs and concerns,” says Alexa Nerdrum with Willis Towers Watson.

The researchers conclude that “including well-designed LIA defaults in DC plans yields quite positive consequences for …workers.”

The agency has made changes to its opinion letter program for pre-approved retirement plans.

In a notice, the IRS reminds retirement plan sponsors it no longer issues determination letters for individually designed plans.

Among employers offering Roth 401(k) savings programs, 40% now offer matching contributions.