Waddell & Reed Charged in 401(k) Self-Dealing Suit
The lawsuit claims fiduciaries of the Waddell & Reed 401(k) plan breached their fiduciary duties and engaged in prohibited transactions...
Tag: Plan Design
Products |
Voya Offers Retirement Check-Up Report
The new resource allows an employer to measure the health of its retirement plan based on the digital enrollment and...
Small DC Plan Sponsors Taking Lessons From Larger Ones
Vanguard researchers highlight several positive trends, including the growing adoption of automatic enrollment, target-date funds (TDFs), employer contributions, Roth options,...
More Retirement Plans Using Roth Accounts
More retirement plan sponsors are offering participants the opportunity to make Roth contributions and utilizing auto features to a degree...
Analysis Finds DC Plan Health Improving
By using some best practices, plan sponsors have moved the needle toward more plan participants taking action to reach an...
Millennials Long for Financial Education
Several Millennial respondents to a recent survey by Pentegra reported that they could have benefited from learning about saving for...
Benefits |
Oregon State-Run Retirement Plan for Private Sector Opens Soon
The state is moving forward with its program despite Employee Retirement Income Security (ERISA) exemption being taken away by the...
Smart Beta Seeks Next Generation TDFs
Asset managers are taking the next steps in TDF innovation and many are eyeing strategic beta for higher returns and...
Supreme Court Ruling Did Not Resolve Church Plan Challenges
The next stage will be to determine if the hospital boards or plan committees fit within the principal-purpose definition and...
(b)lines Ask the Experts – Changing Withdrawal Provisions When Transferring to a 403(b)(1) Annuity Contract
“I work with a 403(b)(7) plan with employer matching and employer non-elective contributions in addition to elective deferral contributions. The...
IRS Issues List of Pre-Approved 403(b) Plan Documents
Plan sponsors that adopt a 403(b) preapproved plan by the end of the remedial amendment period will be deemed to...
Products |
Nationwide Tool Gathers Workers’ Data to Locate Their Savings Gaps
Including information from outside sources, the Retirement Readiness Report projects a clearer picture of participants’ retirement outlook.
Large Plan Sponsors Helping Employees Through Retirement
Forty-one percent say that helping retirees manage income from their 401(k) is a major strategic goal.
Retirement Policies Need to Change to Address Longer Life Expectancy
Looking at the U.S. specifically, the shortfall of retirement savings needed is growing at a rate of $3 trillion each...
Opinions |
Taking Your Plan (and Participants) to the Next Level
More employers are starting to enhance financial benefits, through automatic enrollment, health savings programs, or other financial wellness initiatives, notes...
Products |
Plan Health Not Just About Fees and Investments
Two providers have introduced retirement plan health measurement tools with different approaches.
Opinions |
Barry’s Pickings Online: A Default Payout Solution
Michael Barry, president of the Plan Advisory Services Group, discusses the fundamental principles of the 401(k) system, defaults and plan...
(b)lines Ask the Experts – Differing ‘Year of Service’ Definitions for Different Plan Provisions
“Our recordkeeper for our Employee Retirement Income Security Act (ERISA) 403(b) plan recently informed me that our plan document year...
Participants Must Be ‘Nudged’ Toward Higher Savings Rates
New research by Morningstar suggests plan sponsors may benefit from increasing default savings rates, relying on opt-out auto escalation features,...
Older Workers Unable to Retire Cost Employers $50,000 a Year
The annual cost across a workforce is an additional 1.0% to 1.5% a year.