Most (92%) employees agreed that it was important to have choice in and control of the investments in their plans and more than eight out of 10 said that their DC plan offered “a good lineup of investment options," according to the Investment Company Institute.
A third of Americans don’t believe retiring in their current location makes financial sense, which is why Nationwide Financial Research’s new data can help advisors offer specific financial guidance to those in the Northeast, Midwest, West and the South.
Daniel Aronowitz, an opponent of the strategy of "regulation through litigation," would become assistant secretary of Labor and the Employee Benefits Security Administration's chief.
While the actual 2026 Social Security cost-of-living increase for retired workers won’t be announced until October, the Senior Citizens League is predicting a 2.3% increase for 2026 – a modest decrease from the 2.5% raise in 2025.
The Labor Department has filed a motion to pause two federal court cases challenging the Retirement Security Rule, which was finalized last April and had been set to go into effect last September, but has been beset by lawsuits.