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While it doesn't quite have the same ring as Cinco De Mayo, National 401(k) Day is indeed an opportunity to reaffirm the importance of retirement savings.

Financial services trade groups have asked the SEC not to pursue its proposed changes to money market funds, as they could jeopardize retirement savings.

The July 1 401(k) plan fee disclosure deadline came and went without a splash and industry experts predict that participant disclosures will be even more uneventful.

The recession, job loss, death and disability have pushed 401(k) loan defaults to about $37 billion a year, which has played havoc with the industry.

A good percentage of 403(b) plan sponsors are ready for the regulatory changes taking effect this year, but many are still trying to figure out what role they need to play.

An average of 64.3 percent of employees eligible to participate in their organizations 403(b) plan made contributions to the plan in 2011, new research reveals.

The Plan Sponsor Council of Americas 2012 403(b) survey found that more plans offered automatic enrollment in 2011 compared to 2010 and nearly half offered target-date funds as their default investment option.

Despite improvement in nonprofit retirement plans, financial advisors are needed to close the still yawning gap between 403(b)s and their corporate cousins, 401(k)s.