401(k) performance is unlikely to be materially impacted by either a Republican or Democratic victory in November, according to ShareBuilder 401k, which launched a survey of small business owners, whose top concern is inflation.
With 90-plus provisions, SECURE 2.0 is a complex piece of legislation, and there is still some confusion among plan sponsors about tax credits to cover administrative costs, as well as which provisions are optional or mandatory.
Retirees may prefer a Non-Guaranteed Retirement Income Payout over guaranteed income options due to flexibility and lower costs, according to the Institutional Retirement Income Council.