With regard to SECURE 2.0' s new catch-up provision, the IRS and the Treasury won’t allow employers to require that plan participants make Roth contributions, according to newly proposed guidelines released on Friday.

The world’s largest asset manager, with more than $10 trillion in assets under management, has dropped out of the Net Zero Asset Managers initiative, following the recent withdrawals of Morgan Stanley, Goldman Sachs, JP Morgan Chase and other megabanks.

A new IRAlogix survey raises concerns over a rapid depletion of retirement savings, and provides guidance to employers to help pre-retirees to make a decumulation plan.

State securities regulators discovered gaps in the firm’s supervisory process, when customers moved from brokerage to advisory accounts and the financial services firm implemented new policies in response to the now-defunct fiduciary rule.

Participants in the firm’s $2.9 billion 401(k) plan had sued the company, alleging it failed to regularly monitor plan investments and remove underperforming in-house funds.

Only 5% of employers allow student loan matching in their 401(k)s, but prevalence is expected to increase in 2025, while there is minimal interest among employers in the $2,500 emergency savings option, according to a new Alight survey.

Retirees seeking the highest level of lifetime income should consider a combination of delayed Social Security filing and a flexible withdrawal strategy, according to a new Morningstar report.

Retirement, as we know it today, may become a relic of the past for the new generation – born Jan. 1, 2025 to Dec. 31, 2039, however, Prudential’s new report gives advisors and employers a head’s up – and is offering a bonus to get Gen Beta started.