Retirement Trends

The new regulation opens the door for employers to adopt (or convert their existing cash balance plans) to market-return cash balance plans, without a minimum fixed rate, and with the opportunity to have a scale of pay credits that materially increase by age or service.

More than half (53%) of American adults don't have an accurate view of how long adults tend to live in retirement, according to a new TIAA report.

Momentum from passage of SECURE 2.0 could "accelerate" efforts to enroll millions more of employees, since fewer than 50% of small businesses with less than 50 employees currently sponsor a retirement plan.

Some U.S. banking leaders are calling it a "mild recession," while 61% of academic and business and academic economists said there's a probability of a recession in the next 12 months.

The combination of historically high inflation and fluctuating interest rates threatens to erode the income-generating strategies for retirees that have prevailed for the last two decades, according to a new report.

This new legislation allows employer-sponsored retirement plans to have an emergency savings account within them, effective after December 31, 2023.