BenefitsPRO: Employee Benefits News, Trends & Sales Tips

SECURE 2.0 is all good with plan sponsors, but many still need guidance

By Kristen Beckman

With 90-plus provisions, SECURE 2.0 is a complex piece of legislation, and there is still some confusion among plan sponsors about tax credits to cover administrative costs, as well as which provisions are optional or mandatory.

Read Story

News

DOL wants 'excessive' details from firms for its new 401(k) 'lost & found' database: ERIC

Research

Inflation-wary employees: How employers can improve retirement security for near-retirees

Recommended Just For You

Defined Contribution Stories

June 20, 2024

Retirement savings is having a moment: New private and state 401(k) plans are on the rise

There's a shifting landscape of retirement savings creating more inclusivity, such as state auto-IRAs and 401(k)-linked emergency savings, but 57 million workers still don't have access to a workplace retirement plan, say experts.

Read

June 19, 2024

More workers feeling 'financially well': Retirement is top financial goal

Despite 47% of employees feeling financially well, there is still lingering concern over inflation, which is why employers need to implement retirement education programs and offer online financial tools, says a new report.

Read

June 18, 2024

Hybrid annuity target date funds: A new generation of retirement solutions

The passage of SECURE 2.0 and the persistently high interest rates have generated increased focus on a new TDF that combines asset accumulation with an annuity that provides guaranteed lifetime income, according to Vanguard.

Read

June 18, 2024

401(k) 'millionaires' surged in the last year: Fidelity

More than 485,000 accounts had seven-figure balances at the end of the first quarter, a 15% increase from the end of 2023, according to Fidelity, which is the largest 401(k) platform in the country.

Read

June 17, 2024

What the WNBA teaches us about the need for retirement equality for women

The alarming pay gap between WNBA and NBA basketball players offers a glimpse into the 30% retirement income gap between men and women – and TIAA sheds light on how plan sponsors can best reach women participants.

Read

June 17, 2024

Wells Fargo sued by participants over misuse of 401(k) 'forfeited' funds

A former Wells Fargo employee filed a lawsuit last week, alleging that the bank mismanaged its 401(k) plan by using assets forfeited by former workers for its own financial benefit instead of plan participants.

Read

June 14, 2024

Offering workers both DB & DC retirement plan options: The best of both worlds?

While Congress is interested in making it easier for employers to offer pension plans since DC plans might not provide enough retirement income, employers need to think "more holistically" about programs, says NIRS.

Read

‹ ‹ PREV 51 52 53 ... 528 › NEXT ›

Defined Contribution

Top Defined Contribution Stories

SECURE 2.0 is all good with plan sponsors, but many still need guidance

DOL wants 'excessive' details from firms for its new 401(k) 'lost & found' database: ERIC

Inflation-wary employees: How employers can improve retirement security for near-retirees

Recommended Just For You

Defined Contribution Stories

Retirement savings is having a moment: New private and state 401(k) plans are on the rise

More workers feeling 'financially well': Retirement is top financial goal

Hybrid annuity target date funds: A new generation of retirement solutions

401(k) 'millionaires' surged in the last year: Fidelity

What the WNBA teaches us about the need for retirement equality for women

Wells Fargo sued by participants over misuse of 401(k) 'forfeited' funds

Offering workers both DB & DC retirement plan options: The best of both worlds?