Retirement Trends

The DOL offers guidance to assist fiduciaries in navigating a world where cyberattacks have become more and more commonplace, but plan sponsors also need to take the necessary steps to defray unwanted liability.

The RDS program has been the go-to choice for plan sponsors who offer group coverage to retired employees, however, the Inflation Reduction Act makes it difficult now for plans to meet the creditable qualification criteria.

Target date funds are becoming a crowded space in the marketplace and managers are looking for ways to differentiate their products through personalization and retirement income, says a Mercer report.

A federal judge didn't mince words when he denied the company's motion for summary judgment in the class-action lawsuit, filed on behalf of the firm's current and former employees, alleging its CFO violated his fiduciary duties.

Workers' emergency funds are being depleted, prompting them to prematurely tap into their retirement savings, as employee financial wellness has continued to trend downward, leading to increased instability, says a new report.

Retirement plan design is moving away from a one-size-fits-all environment to emphasize individuals' unique needs and improve participant access, however, employers must be sure not to confuse participants with too many options.