Defined Contribution

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.

The American Academy of Actuaries has developed a range of options that public policymakers, and plan sponsors, should consider to address obstacles that remain for spouses of participants in 401(k) plans, in the event of death or divorce, as well as for domestic partners.

During the first quarter, average account balances were lower, but the average contribution rate to 401(k) plans hit 14.3%, close to Fidelity’s suggested savings rate of 15%.

The ERISA Industry Committee submitted several recommendations regarding matching contributions for student loan payments, catch-up contributions and auto enrollment to be part of the upcoming 2025-2026 Priority Guidance Plan, in a letter sent to the agencies.