Retirement

With a Thanksgiving deadline fast approaching, the GOP members of a deficit-reduction supercommittee are pressing a plan to cut the deficit by about $1.5 trillion over the coming decade, showing flexibility on tax revenue increases for the first time while proposing to gradually raise the Medicare eligibility age to 67...

The Principal announced this week that it is rolling out revised materials with fee disclosures for its plan sponsors ahead of the U.S. Department of Labors fee disclosure deadline of April 1, 2012.

The poor economy is having a negative effect on American workers, according to a survey sponsored by MassMutual Retirement Services.

The Milliman 100 Pension Funding Index, which tracks 100 of the nations largest defined benefit pension plans, released a report showing that these plans experienced a $42 billion improvement in funded status in October. The improvement came on the heels of the second-worst financial quarter on record, in which the...

Pension plans sponsored by S&P 1500 companies saw a $41 billion drop in their pension deficits in October, according to Mercer.

Things are looking bleak for both employers and their employees. Now more than ever, communication is critical. At the same time that benefits managers face changes within their companies, they also face challenges in keeping employee morale and productivity from dropping. In times like these, employers must address employees financial...