In partnership with Connecticut’s state program that launched in 2022, Rhode Island’s new RISavers Program will be required for businesses to enact that do not have a 401(k).
As more U.S. households gain confidence in investing, they're becoming more self-reliant in making financial decisions, according to new research from Hearts & Wallets.
Auto-IRAs increase coverage of retirement plans because most states require that employers to either enroll their employees in the state plan or offer their own plan such as a 401(k), according to Gusto research.
Target date funds with built-in retirement income payment features, as well as required minimum distributions, offer a way for retirees to receive income directly from their 401(k)s, according to a new IRIC paper.
Over half of workers, especially older generations, would like to learn more about the federal government’s plan to make matching contributions to their retirement accounts, according to a Charles Schwab study.
The Department of Labor’s Retirement Savings Lost and Found database, which is expected to go live next month, still needs help from plan administrators on participants who left the company.
While 401(k) plans have blossomed in popularity, the retirement savings crisis rages on. Here’s the path forward, from the employer and employee perspective, says Paychex’s Zach Keep.
Six investor advocacy groups are opposing CITs in 403(b)s because some plans are not governed by ERISA, so eliminating SEC’s regulatory oversight is detrimental, in a letter to the Senate committee.
Encouraging the use of wellness tools that put the power to manage goals and find resources in the hands of employees can help them manage stress and budgeting.
President-elect Donald Trump has nominated former independent presidential candidate RFK Jr. to lead the Department of Health and Human Services, which now will require Senate confirmation.