Research

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.

Working longer is one of the most powerful tools to improve retirement security, however, employers need to help employees deal with emergency funding needs outside of reducing their retirement savings, says a new report.

Despite 47% of employees feeling financially well, there is still lingering concern over inflation, which is why employers need to implement retirement education programs and offer online financial tools, says a new report.

The passage of SECURE 2.0 and the persistently high interest rates have generated increased focus on a new TDF that combines asset accumulation with an annuity that provides guaranteed lifetime income, according to Vanguard.

More than 485,000 accounts had seven-figure balances at the end of the first quarter, a 15% increase from the end of 2023, according to Fidelity, which is the largest 401(k) platform in the country.

While Congress is interested in making it easier for employers to offer pension plans since DC plans might not provide enough retirement income, employers need to think "more holistically" about programs, says NIRS.

Financial advisers will play a critical role in educating plan sponsors, who have been a little reluctant to put annuities inside of a 401(k) plan until SECURE 2.0 now makes it more advantageous for employers, says trade group LIMRA.

In Novo Nordisk's studies, patients taking the drug maintained weight loss after four years and were helped by its heart health benefits, which could strengthen the case for insurers to cover the cost of Wegovy.