If plan sponsors do not sign a restated defined contribution plan document as required on or before the April 30, 2016, deadline, the retirement plan may no longer be entitled to tax-favored treatment.
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Interest in target-date and other types of balanced funds remained strong through 2014, with younger plan participants more likely to hold target-date funds than older participants, according to a new joint study released by EBRI and the ICI.
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The largest source of retirees’ income remains Social Security, cited by nearly nine in 10 retirees, followed by personal savings and investments, pension plans and 401(k)s.
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Twenty percent of 600 workers surveyed say they feel extremely stressed in daily life, and they point to their jobs and financial situation as the root causes.
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Vanguard reports fund expense reductions; Fidelity launches expanded private equity platform; Nationwide makes Stadion’s StoryLine small business 401(k) solution available on its platform.
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