As the oldest members of the Millennial generation are headed into their forties, encourage increased saving efforts via 401(k) plans. Unprecedented Challenges—and Possibilities Too Millenials have been the largest generation in the US labor force… Read Moreabout Millennials and Retirement Savings: The Importance of the 401(k)
It’s going to be a busy fall for employee benefit administrators and retirement plan sponsors across the country, as the federal government rolls out guidance and standards related to the SECURE Act. Small business owners… Read Moreabout Help for Small Businesses: Employee Retirement Benefit
It’s not easy for employees to manage, track, and consolidate retirement accounts as they bounce from job to job. Due to short employment periods, workers could leave behind retirement accounts with small balances, which drop… Read Moreabout New Bill Creates Lost and Found Participant Database
Pension risk transfer premiums fell significantly last month due to a continuous decline in both annuity purchase rates and discount rates. Per the latest pension buyout index study, discount rates sunk 27 basis points this… Read Moreabout Pension Risk Transfers Drop in May
The IRS has prolonged relief to plan participants whose significant others are laid off and take COVID-19-related loans or distributions from their retirement accounts, as well as offered novel safe harbors for loan repayments. Per… Read Moreabout IRS Extends COVID-19 Relief for Plan Participants
Released on June 8th, an annual study examining trends in open-end mutual funds and exchange-trade funds found that the asset-weighted average expense ratio plummeted to 0.45% in 2019, slicing funds and ETFs nearly in half… Read Moreabout Asset-Weighted Expense Ratio Drops Again
