Defined Contribution

Retirement savers invested in equity mutual funds in 401(k) plans paid an average of 0.58 percent in fees last year, down from 0.63 percent in 2012.

Among millennials who have had a go at figuring out how much theyll need to retire, 52 percent had guessed while only 10 percent actually used some sort of retirement calculator or worksheet.

But only 60 percent of workers believe that those who save in a retirement savings plan are likely to have a secure retirement.

The Society of Actuaries is updating its mortality assumptions.

Fidelity will oversee the retirement plans of 7,700 employees in Tennecos 401(k) plan and the 11,000 employees in its defined benefit plan.

The failure to achieve any bipartisan reform to date suggests that Social Security remains a third rail in American politics.