Some plan sponsors, under limited circumstances, may submit requests for voluntary correction to the Internal Revenue Service (IRS) for their Code Section 457(b) retirement plans.
Investment services provider American Century Investments launched a collective investment trust (CIT) designed for defined contribution (DC) participants that incorporates the firm’s One Choice Target Date Portfolios.
The Internal Revenue Service (IRS) will host a phone forum next month about the 2013 Cumulative List.
Defined contribution (DC) plans are a critical part of the U.S. retirement system, says a research report.
Most defined contribution (DC) retirement plan participants stayed the course last year with their asset allocations as stock values generally rose over the first nine months of 2013.
Fidelity Financial Advisor Solutions, a unit of Fidelity Investments that provides mutual funds and other investment services, released an interactive calculator that helps financial professionals build fixed-income portfolios.
Investment management firm Vanguard reports that the average account balances for 401(k) plan participants reached a record high of $101,650 at year-end 2013.
Retirement services provider FRA PlanTools released a custom 408(b)(2) checklist product.
A new survey finds that retirement plan participants tend to make investment decisions conservatively.
The National Tax-deferred Savings Association (NTSA) maintains the same core mission as its predecessor.
More employees are participating in employer-sponsored retirement plans, thanks to plan design changes, but there are still improvements that can be made.
Chris Blair joined Mercer’s San Francisco office as a principal for the firm’s defined contribution (DC) adviser specialty practice.
Consulting firm Mercer has compiled a list of the top 10 recommended steps that defined contribution (DC) plans should take over the next year.
A new report urges U.S. retirement plan regulators to examine and emulate other countries’ efforts to improve employee spend-down options for post-retirement years.
State Street Global Advisors (SSgA) appointed Mark Fortier as managing director and head of global defined contribution (DC) research and product development.
A new research paper finds that defined contribution (DC) retirement plans, such as 401(k)s, play a growing and important role in retirement savings.
Sapiens International Corporation announced the upcoming release of its Retirement Services Recordkeeping Platform.
Defined contribution (DC) plans currently account for approximately half of participants’ total investable wealth, according to the Cogent Research DC Participant Planscape Study.
Washington’s warning to slash tax-deferral incentives associated with 401(k)s and individual retirement accounts (IRAs) tops advisers’ challenges in 2014, according to Brian Graff, executive director of the American Society of Pension Professionals & Actuaries (ASPPA).
Participant demographics and behavior vary by plan type, an analysis shows.