Even though TDFs have been gaining some impressive traction in the DC plan space, many participants are not using these investment vehicles in the way they were designed....
The vast majority of Millennials say they plan to work in retirement—while fewer than one in five of today’s retirees have ever worked for pay after initially leaving...
A majority of Millennials entering the workforce are enrolled in their employer’s plan and begin saving earlier in their career due to automatic enrollment, an analysis finds.
The latest example of retirement plan fee litigation questions the offering of an “easy enrollment” function that favored investment into the company’s own TDF mutual funds.
The strategic partnership with Spectra Benefits and Miller & Wade Group aims to helping employees view the HSA more like a retirement account for their health.
The new online resource is devoted to educating families on the importance of saving for college and the potential benefits of saving through a 529 plan account.
“Women face hurdles during their savings years and then face a second, equally difficult, set of challenges throughout retirement,” a new TIAA report warns.
Account balance reallocation activity was little changed and contribution reallocation activity was slightly lower compared with the same time frame a year earlier, ICI found.
The platform will perform “virtually all administrative tasks required by a company to offer a 401(k), removing this burden from company employees and executives.”
One provides participants with an annual checkup to help track their progress and give their retirement strategy a once-over, and another stresses the importance of guaranteed retirement income.
Absent employer action, an estimated 4.2 million white collar workers will become newly entitled to overtime protection, potentially impacting net pay and the treatment of benefits, especially nondiscrimination...
Women are more likely to have earnings gaps in their careers, live longer than men, and face higher lifetime health care costs, making saving for retirement particularly challenging.