Retirement

President Trump invited top business leaders and lawmakers to a Monday "Invest in America" Roundtable at the White House, to promote the tax-deferred investment accounts for newborns, included in the major tax-cut bill.

Though PEPs have been in existence for over 50 years, SECURE 2.0 provisions and the pricing power of pooled structures is prompting more organizations to seek them out instead of 403(b)s or 401(k)s.

Last year, UnitedHealth finally agreed, after three years of litigation, to pay the huge settlement over "low-performing" target date funds, and now attorneys Sanford Heisler Sharp have asked a federal judge for $23 million in attorneys' fees.

Employers can help workers by offering better financial education, nudging them toward target-date funds or managed accounts, and making sure employees know who to talk to when markets get shaky, says MDRN Capital CEO Aaron Cirksena.

Labor attorney Daniel Aronowitz, President Trump's nominee to be the assistant secretary of Labor in charge for the Employee Benefits Security Administration, commits to "modernizing defined contributions plans to include alternative investments."

Celebrating nine years of delivering retirement solutions tailored to this $40 billion industry, Leading Retirement Solutions provides 401(k) plans to this booming, yet financially underserved, industry in all 50 states.