Retirement Trends

Recent legislative action in the U.S. Senate highlights a growing bipartisan interest in promoting and expanding employee stock ownership plans (ESOPs).

Nearly 6 in 10 are approaching this important period without an advisor to help them plan for retirement, and nearly half do not feel qualified to choose their own retirement investments.

On Tuesday, it issued an advisory opinion addressing when lifetime income investment options can be considered qualified default investment alternatives under federal law.

Although state unclaimed property programs already work to reunite individuals with financial assets regulatory ambiguity allows thousands of accounts to go unclaimed.

Meanwhile, 63% expect inflation to worsen their financial situation and make everyday necessities less affordable, and 54% say debt is increasing their stress.

Beginning in 2026, highly paid employees can only make catch-up contributions to a Roth 401(k), says Ed Slott.