Defined Contribution

There's a push by Congress to pass a bill to allow CITs – tax-exempt, pooled investment vehicles similar to mutual funds – in 403(b) plans, but investor advocacy groups oppose the bill. But now, the American Retirement Association is strongly advocating for its passage.

In partnership with Connecticut's state program that launched in 2022, Rhode Island's new RISavers Program will be required for businesses to enact that do not have a 401(k).

As more U.S. households gain confidence in investing, they're becoming more self-reliant in making financial decisions, according to new research from Hearts & Wallets.

Auto-IRAs increase coverage of retirement plans because most states require that employers to either enroll their employees in the state plan or offer their own plan such as a 401(k), according to Gusto research.

Target date funds with built-in retirement income payment features, as well as required minimum distributions, offer a way for retirees to receive income directly from their 401(k)s, according to a new IRIC paper.

Over half of workers, especially older generations, would like to learn more about the federal government's plan to make matching contributions to their retirement accounts, according to a Charles Schwab study.