Defined Contribution

Many 401(k) plan sponsors are overwhelmed by these legislative changes and the responsibility to implement new plan options, which is why some degree of outsourcing is recommended, according to Mercer.

The “Confident Conversations on Retirement” podcast hosts offer employers some tangible strategies to best equip their employees with the knowledge and insight they need to help navigate the complexities of retirement planning.

On Saturday, Congress passed the Social Security Fairness Act, a bill that has been decades in the making that now heads to Pres. Biden’s desk for approval.

The Retirement Simplification and Clarity Act, which would provide pre-retirees with a more streamlined process and flexibility to choose savings options right for them, was introduced on Capitol Hill yesterday.

After failing to deliver his promise of wide-scale loan cancellation, Biden’s latest student loan cancellation will likely be the final round of debt relief before President Trump takes office next month.

The high cost of health care drove the vast majority of strategies in the benefits space, as pharmacy benefit managers found themselves in the headlines far too often this year, as the high costs of drugs (and weight loss drugs, in particular) were a hot topic.