Defined Contribution

Five of these large employers shifted out of their defined benefit program and into a defined contribution plan in 2013, leaving 118 still doing so.

The types of investments available to employee benefit plans have evolved since ERISAs enactment 40 years ago.

Seventeen states are at some stage of legislating state-administered plans that hope to deliver retirement plan access to the countrys smallest employers.

Senate Finance Committee Chairman Ron Wyden, D-Oregon, feels its time for Congress to address retirement security.

Soon-to-retire Americans struggling to save enough to kiss the workplace goodbye now have another set of statistics to examine when trying to figure out where to make their post-retirement last stand.

The latest figures also show that parent income and savings accounted for more than double what kids kicked in, at 30 percent vs. 12 percent, while borrowing was down