Tag: 401(k)

It is common for companies to have both defined contribution (DC) and defined benefit (DB) plans, but inconsistencies between them can lead to poor investment results and fiduciary...

Light on retirement savings and burdened with student debt, African Americans continue making financial progress, according to the follow-up to Prudential’s 2011 study. 

Many 401(k) retirement plans allow participants to borrow from their accounts, which can lead to defaults and inadequate retirement savings.  

Cetera Financial Group has debuted an unbundled, open architecture solution for advisers who serve as 3(21) fiduciaries to offer more customized advice to plan sponsors. 

The financial services industry has to do a better job of helping people meet retirement goals, said Laurence Fink, chairman and chief executive of BlackRock.

More retirement plan sponsors use social media for communications than one might think.

Many Gen Xers are on the right track to reach retirement, according to a study from the MetLife Mature Market Institute.

The Wilshire Trust Universe Comparison Service (TUCS) Spotlight found little difference between large and small plans’ total performance levels in 2012.  

Plan Outcome Assessment will analyze defined contribution (DC) plans to help plan sponsors gauge their participants’ retirement readiness. 

 Americans are on track to replace 61% of their current income in retirement, according to the third annual Lifetime Income Survey by Putnam Investments.   

Only 30% of 401(k) plan participants said they “paid attention” to the fee disclosures they received last year, according to the quarterly Wells Fargo/Gallup Investor and Retirement Optimism...

If you caught last night’s “The Retirement Gamble” documentary, you can likely understand it generated some criticism in the retirement industry.

The Internal Revenue Service is hosting a phone forum to discuss findings from its 401(k) Compliance Questionnaire.

The Department of Labor (DOL) says a bankrupt ambulance services company in LaVergne, Tennessee, failed to credit employees’ 401(k) contributions.

Chris Reagan and Kevin Kaiser have been promoted to senior managing director and senior vice president, respectively, at Mesirow Financial.

The Guardian Insurance & Annuity Co. Inc. is hosting a 401(k) summit focused on the micro- and small-plan markets.

There was a 28% increase in the number of participants taking loans from their 401(k)s, according to an analysis of Wells Fargo-administered plans.

Published reports indicate President Obama’s 2014 budget proposal will include a cap on retirement savings.