Retirement Trends

Iowa passed a first-in-the-nation law that encourages business owners to explore another alternative: selling the company to employees through an employee stock ownership plan (ESOP).

Improvements were designed to make it even easier for users to find a plan and highlight the most important plan data.

AIG is expanding sales of retirement products as rivals such as MetLife Inc. and Prudential Financial Inc. scale back from variable annuities.

The Pension Benefit Guaranty Corp. issued its interest rate assumptions for December that must be used when single-employer pension plans are terminated.

Stocks rose, with the Standard & Poors 500 Index headed toward a second straight weekly advance

Employers are squeezing their workers retirement savings, holding back on both the amount and the timing of 401(k) matching funds and dragging out vesting schedules.