Retirement Trends

An interruption of benefits is likely within the next 90 days, former Commissioner Martin O'Malley says.

The average 401(k) retirement balance was $131,700 as of the fourth quarter of 2024.

For these young employees that feel overwhelmed by finances or don’t know where to start, employers should consider working with a benefits provider to offer them the option to connect with a financial advisor or coach for personalized financial guidance.

The average percentage of assets compared to total liabilities has held steady in the 71% to 79% range over the past five years, according to the National Conference of Public Employee Retirement Systems.

SECURE 2.0 has considerably expanded access to PEPs for small and midsize employers, but many don’t understand the tax credits now available to them.

While a recent survey claimed more than 700,000 American companies could be at risk of fines and legal penalties for fiduciary failures in their retirement plans, we wanted to know how small and mid-sized employers can stay compliant with the resurge in fiduciary lawsuits.