Retirement Trends

The good news: Women are interested in solutions that can help them navigate inflation challenges, and the start of a new year is an opportune time for plan sponsors to ensure women participants are able to retire on time.

As employees grapple with student debt, housing costs and inflation, companies have an opportunity to get cash-creative to help employees grow their net worth while ensuring they retain their best workers.

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.