Defined Contribution

A proposal for issuing $1.5 billion in bonds to boost the long-term health of Kansas' public pension system advanced Thursday in the state Legislature, but Republican lawmakers who want to put new government employees into a 401(k)-style plan abandoned an effort to pass such a bill this year.

ASPPA supports the introduction of the SEAL Act in the U.S. Senate.

Retirement confidence remains at historic lows, according to the Employee Benefit Research Institutes 2013 Retirement Confidence Survey, with 28 percent of respondents saying they are not confident in their ability to retire.

Some folks prefer to be given a road map with directions. Others prefer to be told merely what landmarks to avoid.

Although not well thought out, the Roth 401(k) conversion provision in the American Taxpayer Relief Act of 2012 could be a great opportunity for some investors moving forward.

Plan sponsors continue to value the work of third party administrators.

Nearly three-quarters of Americans get stressed out or anxious when they think about retirement saving and investing.

Private industry employers spent an average of $8.57 per hour on employee benefits, or nearly 30 percent of total costs, including retirement plans, in December 2012.