The number of companies making a match on their 401(k) plans has dropped by 7 percent since 2009, driven by the stock market crash of 2008 and the recession.
Managed accounts and target-date funds help employees better manage their retirement savings and help plan sponsors do a better job of managing their fiduciary responsibilities.
The SPARK Institute has added its name to the list of retirement industry groups upset by proposed changes to retirement savings incentives included in President Obamas 2014 budget.
The Social Security Administration has its work cut out for it in the next decade. According to a new report by the U.S. Government Accountability Office, the SSA faces a number of management challenges, including the loss of many key players to retirement and a hiring freeze that is keeping...