The quest for retirement income has led to the exploration of lifetime income solutions by both the DOL and the Treasury--here are 5 initiatives that may lead to more annuities in 401(k) plans.
Millennials seem to prefer life insurance over retirement plans as a benefit, a study from EBRI says, though many younger workers don't even know what employee benefits their employer is offering.
Retirement savings now need to be nearly 4 times larger than what was required 40 years ago to generate the same level of low-risk inflation-adjusted investment income, a study shows.
Student loans are going to haunt young Americans for decades, according to a report that finds most are postponing retirement saving to reduce that debt.
Stetson University in Florida has retained TIAA-CREF as sole recordkeeper, and Prudential Retirement has added as clients the City of Shelton, Connecticut, and Interfaith Medical Center.
Defined benefit plans better prepare workers for retirement through higher returns than 401(k) plans, according to a brief from the Center for Retirement Research at Boston College. Can you say, 'fees'?
Estimates from the new and redesigned Current Population Survey (CPS) by the U.S. Census Bureau show a drop in participation in workplace retirement plans--but that could be wrong.