Retirement Trends

The investments reached $11 billion over 180 portfolios compared to $5 billion in 2012.

A study shows the small plan average investment expense went from 1.37 percent to 1.35 percent, while the large plan average investment expense bumped up from 1 percent to 1.01 percent.

State Treasurer Janet Cowell, who is one of the few public pension administrators empowered to act as sole fiduciary, reported that the fund ended last year with $86 billion in assets, a rise of $8 billion for the year.

A study concluded that cutting pension benefits would hit women and African Americans in disproportionate numbers and send negative economic ripples throughout the communities where they live.

Women are much more likely than men not to have planned how they will use these assets, according to a study by LIMRA Secure Retirement Institute.

1980 was a magical year, and not just because of the US Hockey Teams unbelievable win in the Lake Placid Olympics. As explained by Mark Iwry, Senior Advisor for the Treasury Department, it was also the beginning of the 401(k), a beginning the IRS had no small hand in.