Defined Contribution

It's time to do a top-to-bottom review, taking a holistic approach that enables employers and advisors to check the overall health of the plan and gauge how prepared it is to deal with changes.

The Retirement Savings for Americans Act would establish a new program that gives workers access to portable, tax-advantaged retirement savings accounts with federal matching contributions for low- and middle-income workers.

Companies are making emergency funds easily available to workers regardless of the nature of the emergency, often helping them afford basic living expenses like housing, food, and utilities amidst their hard times.

Of those plan sponsors who reported full employee participation, 80% had a plan financial advisor, according to a Morgan Stanley, who just enhanced its design.

Last week, 13 Republican state attorneys general asked federal energy officials to consider blocking the world's second-largest fund manager from buying utility stocks because of its relationship with the Net Zero Asset Managers coalition.

It's no easy task in a turbulent economy for plan sponsors to look ahead, with a new Congress taking power in January and not knowing if the current Congress will enact SECURE Act 2.0 in the post-election session next week.

Defined benefit retirement plans have successfully implemented real estate investments for almost 50 years and there is increase interest and adoption in DC plans, according to a J.P. Morgan study.

Even though balances fell from last year and last quarter, asset allocations and trading remained steady heading into the final quarter, according to a Schwab report.