Retirement Trends

Inflation can no longer be ignored when it comes to retirement planning -- even high earners are putting off retirement because the traditional 4% plan to cover expenses no longer applies, says a new report.

Since the new rule was proposed earlier this month, several business groups have sent letters urging the agency to offer an extension, saying the DOL underestimated the time companies need to review the rule and estimate its financial impact on their businesses.

The Census Bureau cites 5.6 million people not working because of COVID-19, whether they are ill themselves, caring for someone who's sick, or they're concerned about getting or spreading the coronavirus.

67% of Americans say the pandemic had no change on their savings.

All employers should be concerned when public service employees are anxious about their financial security because their jobs are essential and these worries can impact their ability to do their job, says a new report.

Retirement plan sponsors have enough on their plates dealing with the elements under their control, so they should pursue remedies, like fiduciary liability insurance, that relieves the exceptional burden of things they cannot control.