Defined Contribution

Common wisdom might suggest otherwise, but a properly managed defined contribution plans can be as cost-effective as defined benefit pension plans, according to a study by the TIAA-CREF Institute.

If Congress fails to raise the debt limit, the 401(k) accounts of U.S. workers could fall by as much as 20 percent because of tumult in financial markets, according to a study by the American Society of Pension Professionals and Actuaries.

Faculty at higher-education institutions earn a failing grade when it comes to knowledge about planning for retirement, Fidelity says.

Retirement advisors are doing what they can to prepare for the inevitable day when the Fed finally tapers and interest rates begin to rise again.

A small remark by Phyllis Borzi about MEPs starts a major discussion that can be applied to all 401(k) plans.

TIAA-CREF is expanding its individual advisory services group by more than 45 percent by 2014.