Defined Contribution

The highly anticipated retirement security bill, SECURE 2.0 Act, which is expected to become law by the end of 2022, is one step closer to passage, as it is now attached to the omnibus appropriations bill now before Congress.

Retirement savings plans could see a significant upgrade if this pending legislation becomes law before the end of the year, giving small businesses more ability to offer plans and opening up opportunities to gig workers.

Plan sponsors should educate employees using every possible tool from virtual to written to on-site meetings, as well as directing messaging to certain groups of participants.

Choice is good for participants, but too much choice is counterproductive in retirement systems, according to a new Morningstar report that evaluated retirement systems in eight "highly educated and wealthy countries."

After four consecutive 0.75 percentage point hikes, the Federal Reserve dialed back its inflation-fighting effort, but signaled more hikes to come in 2023.

While nearly half of younger workers say they would like crypto as a choice in their 401(k), what's even more surprising is that nearly half also say they would like an annuity option, according to a new study.

Economic conditions today - and those anticipated in the coming months - are similar to those that have signaled global recessions in the past, says the world's second-largest investment manager.

The actuarial group relayed its support of automatic enrollment in new 401(k)s, benefit portability and other key provisions of the landmark legislation, expected to become law by the end of 2022.