Defined Contribution

Long-awaited revisions of the Department of Labors fiduciary rules remain months away.

While Washington twiddles its thumbs, the market moves on with a drip, drip, drip

Generation X employees struggle the most financially and are more likely to dip into their retirement savings than the Baby Boomers or Millennials.

Unable to overcome a stalemate on the state's $97 billion pension crisis, Illinois Gov. Pat Quinn and legislative leaders have agreed to form a bipartisan committee to hammer out a compromise and to reconvene the Legislature for another session in July.

401(k) participants investing in mutual funds tend to hold lower-cost funds, according to the ICI.

Target-date funds have been a boon to the investment industry, but some big changes could be on the way.