Defined Contribution

Economic uncertainty has changed retirement expectations, which is why financial professionals should seize this opportunity to reinforce the importance of a long-term plan, as well the value of annuities, says a new survey.

This "sandwich generation," more than any others, may need to be made aware of just how short they may be in their retirement savings journey, as well as SECURE 2.0 catch-up contributions, according to a new report.

As of July 1, participation in Delaware EARNS is required by law for all employers, with five or more employees, who do not offer a qualified retirement plan.

The House Education and the Workforce Committee voted Wednesday to advance a resolution to overturn the Department of Labor's new fiduciary rule, which is also facing two lawsuits filed in federal courts.

The Republican-led state attorneys general oppose a Department of Labor rule that permits environment, social and governance factors to be considered when when selecting investments for clients.

South Carolina, Alaska and Texas asked the high court to "step in again" to block President Joe Biden's new SAVE student loan repayment plan, citing the administration's Supreme Court's defeat in 2023.

At a 3-day meeting, retirement experts encouraged the Council, which advises the DOL, to recommend that qualified default investment alternatives (QDIAs) become more prevalent in defined contribution plans.

SECURE 2.0 is creating new opportunities for plan sponsors and participants to realize the benefits of lifetime income solutions, as well as catch-up contributions to get an employee's retirement savings back on track.