Defined Contribution

A decades worth of high-profile claims under the Employee Retirement Income Security Act have sparked demand for target-date funds in the form of collective investment trusts.

Retirement giant's compliance advice focuses on proposed regulations from the IRS about closed retirement plans and ongoing plans with grandfathered benefits.

Since 2012, over half the states in the U.S. have passed legislation to set up or study state-sponsored retirement savings programs for the more than 30 million full-time private sector workers without access to a savings option across the country.

The proposed rule implements changes under the Multiemployer Pension Reform Act of 2014 (MPRA).

The number of Americans that say they are living comfortably has gone up, but there is still a sizable amount that are struggling to get by.

23 percent of U.S. employees believe theyll have to work past the age of 70 if theyre going to live comfortably in retirement.