The IRS and the Treasury Department expect that the final
regulations regarding closed DB plans will not be published in time for plan
sponsors to make plan design decisions based on the final regulations before
expiration of previous relief provided.
Looking over 20 years of the Alight Solutions 401(k)
Index (formerly the Aon Hewitt 401(k) Index), two major trends have
emerged—401(k) portfolio allocations have changed dramatically, and trading
activity has steadily decreased except when market corrections occur, according
to an analysis by Alight Solutions.
“Employers and their advisers stand to benefit from
making it easy and convenient for these young adults to save and espouse
constructive financial habits at a critical time in their lives,” EACH