Participant balances in employer-sponsored retirement plans have never been higher, yet millions of Americans lack access to tax-advantaged savings opportunities in their workplace.
The experience during the pandemic of those with and without retirement savings has highlighted the issue of income inequality, says Ed Farrington, with Natixis Investment Managers.
The percentage of plans in the healthy ‘green’ zone increased slightly; however, the pandemic had an effect on certain industries’ short- and long-term assumptions.
Pension plans still felt the effect of lower rates on liabilities, but strong equity markets helped the gain in assets outpace the gain in liabilities.
Russell Investments announces several new hires; Custodia Financial appoints P&C industry veteran to president; Mercer selects West market business leaders; and more.
Fidelity’s latest analysis shows people often underestimate the potential cost of health care in retirement, even after two decades of watching health care costs increase year-over-year.
During a previous project, the agency found some organizations didn’t know their tax-exempt status affected their eligibility to sponsor a 403(b) plan.
A federal judge moved forward claims of excessive administrative and managed account fees but dismissed claims regarding KeyCorp plan’s stable value fund option.
In the brief ruling, the district court judge says the plaintiffs have provided sufficient introductory evidence to make discovery in the case appropriate, though the ultimate outcome is...
U-Haul shared how it uses data and employee feedback to continually improve its health and well-being program and move up the Healthiest 100 Workplaces in America list.
A rare unanimous affirmative voice vote by the Ways and Means Committee allows the SECURE Act 2.0 to be considered by the full House of Representatives.
The new service uses machine learning to provide employees with guidance that can help build short-term financial resiliency while also considering long-term financial goals.