Defined Contribution

Experts are at odds of exactly when but only a quarter expect a recession in March, a third say in the second quarter of the year, while 20% say the third quarter, according to professional economic forecasters.

After months of legal challenges, the high court heard arguments yesterday on Pres. Biden's $10,000 student loan relief program and seems poised to reject, but will make its final decision by the end of June.

Plan sponsors and employers could be providing guidance about making good Medicare plan choices to near- retirees, perhaps offering HSAs for supplemental retirement income, a new survey suggests.

Rather than simply emphasizing the accumulation of assets, this new research-driven approach first determines whether an investor prefers safety-first or keeping their options open, according to new research.

Even in inflationary times, the strategy employers – and the benefit plan professionals supporting them – often deploy is raising employee awareness of how the company is providing a match, but ongoing financial education is needed.

These six provisions highlight how 401(k) plans will be increasingly serving additional holistic purposes, such as emergency savings, student loan matches and penalty-free withdrawals for domestic abuse victims.