Defined Contribution

Most (82%) participants in National Association of Government Defined Contribution Administrators  member plans have access to defined benefit and defined contribution plans, according to a new NAGDCA guide.

Improving retirement security in America has been one of the things that has had wide bipartisan support recently, and now Republican control of the Presidency, House, and Senate could make passing retirement legislation easier, says retirement industry insider David Blanchett.

These large asset management firms violated antitrust law through climate activism that resulted in reduced coal production and boosted energy prices, according to a lawsuit filed by Texas attorney general Ken Paxton.

After plan sponsors understand which provisions are applicable and when they need to be implemented by, the next step is to determine who will be responsible for the implementation.

Employees who start saving an additional $7,500 per year until age 67, while earning a modest 7% compounded annually, can add $250,000 to their retirement nest egg, says Ambassador Wealth Management's Phill Battin.

The Department of Labor is providing a sneak peek at Form 5500, which includes revisions to codes for pension-linked emergency savings accounts.