The Pension Benefit Guaranty Corporation (PBGC) updated the expected retirement age table used to compute benefit values for distressed pension plans facing involuntary termination.
During National Save for Retirement Week, advisers might meet with their plan sponsors to consider advice for plan participants, who generally take positive action afterwards.
Generation X employees are more concerned than their younger and older counterparts about having enough saved for retirement, according to a new study by LIMRA.