Defined Contribution

The question is not whether the new legislation impacts plan sponsors, it's which of the more than 90 provisions apply to them and when do they take effect.

Flexible strategies are more effective because they help to prevent retirees from overspending in periods of portfolio/market weakness, while giving them a raise in strong portfolio/market environments, according to a new report.

Plan sponsors should take note of how rules around retirement plans are evolving due to regulatory changes, including the passage of SECURE 2.0, and whether their strategy remains relevant in this new environment.

SECURE 2.0 includes changes to retirement plans that will push up the age investors are required to start withdrawing from their 401(k)s to 73 in 2023 (from last year's 72).

Ahead of the next Federal Reserve meeting on Feb. 1, ongoing inflation leaves economists expecting bigger rate hikes than most Fed officials have projected.

With the recent passage of SECURE Act 2.0 and the IRS' release of substantially higher contribution limits for 401(k)s, small employers are only just beginning their journey to design and offer robust retirement benefits.

Employers have an opportunity to lessen the significant burden of this debt for their employees — while cultivating a more cutting-edge benefits package that can also appeal to prospective talent.

Some advisors may be underestimating the level of anxiety their clients are living through and should seize the opportunity to help them understand the value of protection solutions, like annuities, says a new study.