Defined Contribution

With 22.1 million Americans either unemployed or underemployed, retirement savings have taken a major hit since the Great Recession.

With the potential for further increases in interest rates, 401k plan advisors keep a close eye on bonds and bond funds.

New York Life says many of the known truths about retirement in this country are myths.

Retirement Plan Prospector is loaded with information derived from form 5500 disclosure documents that are submitted to the Department of Labor by ERISA-qualified retirement plans.

The think tank says the proposed rule make sense, "given the risks defined contribution plan participants face."

Plan sponsors and participants are making the right investment choices to drive costs down.

Provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act that go into effect Sept. 9 have many pension funds concerned, perhaps unnecessarily.

Experts say the best way for cities and states to get out from under crippling pension debt is to close their pension plans to new hires and move employees to lower-cost defined contribution plans. But there are additional ways to fix the problem.