Retirement Trends

Labor said it intends to issue a revised standard around May, leaving many advisors unclear about compliance obligations.

"These results reflect what we hear every day from small business owners. We're seeing many who want to upgrade their plans or are starting from scratch," said Hunter Claxton, SVP of Strategy at Ubiquity Retirement + Savings. "With new state and federal changes looming, the next year will serve as the perfect opportunity to get ahead, and that's where we come in."

AgAmerica alleges that Municipal Employees' Retirement System of Michigan and affiliated entities misrepresented the status of the project to secure funding.

Six in 10 Gen Xers do not feel retirement is an urgent priority.

Only 31% of respondents said they expect to live as well or better after working, T. Rowe Price reports.

Many of the users of the new option could be participants in state auto-IRA programs, advocates say.