Tag: Retirement Income
Retirement Plan Participant Financial Literacy Low
A study by the National Association for Retirement Plan Participants (NARPP) finds a low level of financial literacy among retirement plan participants.
TDF Investors More Confident About Retirement Goals
Employees who invest in target-date funds (TDFs) through their employer-sponsored defined contribution (DC) plan feel more confident about meeting retirement goals, says a new study.
Gen Y Taking Responsibility for Financial Future
Generation Y and Millennial workers are taking responsible actions for their financial future.
Guide to Understanding In-Plan Guaranteed Income Solutions
Today, the retirement plan industry is placing greater emphasis on getting participants to and through retirement successfully.
Is LDI Feasible for DC Participants?
Defined contribution (DC) plans are increasingly adopting practices similar to defined benefit (DB) plans to improve participant outcomes, including automatic enrollment and “do-it-for-me” investments.
School District Sued Over Early Retirement Incentives
The U.S. Equal Employment Opportunity Commission (EEOC) says a Phoenix, Arizona, school district unlawfully used an early retirement incentive plan.
Generational Financial Health Gap Grows
The generational financial wellness gap is widening as younger workers struggle with debt and a lack of cash flow, according to a new survey from consulting firm PwC...
Reducing Volatility in DC Plan Lineups
It sounds like the ever-elusive free lunch—an investment strategy that reduces the potential for major losses while still pursuing the market’s strongest opportunities for growth.
Allianz Offers Video About Retirement Income Risks
Insurance provider Allianz Life has joined others in the retirement industry to support National Retirement Planning Week.
BNY Mellon Reopens Stable Value Fund for DC Plans
The Bank of New York Mellon is accepting new investors into the Mellon Stable Value Fund, a bank-sponsored collective investment fund for defined contribution benefit trusts.
Workers Need Planning Help Through Retirement
The Insured Retirement Institute (IRI) released a new report showing Baby Boomers’ confidence in their plans for retirement continues to decline.
DCIIA Offers Q&A About Automatic Plan Features
A paper answering commonly asked questions about implementing automatic features for retirement plans is now available for plan sponsors.
PBGC Proposes DC Rollovers into Pensions
The Pension Benefit Guaranty Corporation (PBGC) outlined a proposal it says makes it easier for participants in defined contribution (DC) plans to get higher returns and get lifetime...
Tide Is Shifting Toward Custom TDFs
Defined contribution (DC) plan sponsors are evaluating their current target-date funds (TDFs) and considering whether or not custom TDFs are a better option, a survey shows.
Scott Davison Named CEO of OneAmerica
J. Scott Davison will begin serving as chief executive officer for the companies of OneAmerica on April 1.
ING U.S. Launches Online Budgeting Tool
A new online personal financial planning and budgeting tool from ING U.S. enables users to organize, integrate and manage all their money matters on a single platform.
Many Unsure 401(k) Will Produce Adequate Income
More than half of employees are unsure their 401(k) retirement plan will provide them with adequate funds for retirement, says a new survey.
Employees Still Have Concerns About Retirement
While U.S. workers are more satisfied with their financial situation now compared with five years ago, their retirement confidence still remains below levels prior to the financial crisis.
IFEBP Offers Materials for Employee Benefits Day
The International Foundation of Employee Benefit Plans (IFEBP) will recognize the importance of financial wellness and retirement security on the 10th annual National Employee Benefits Day, April 2.