Displaying 116 results
401(k) savers pull back on account trading
After seeing median returns of -20% during the first quarter, participants did not make many trades in May, according to two reports
The online evolution of retirement plan practices
There are opportunities in the defined-contribution world in the wake of the pandemic
Few use CARES Act to tap retirement savings
Even though plan sponsors are offering easy access to retirement accounts, few workers have taken advantage of that
Withdrawals from DC plans up slightly in 2019
Only 3.9% of participants took withdrawals and even fewer reallocated assets
COVID-19’s impact on DC plans may be manageable
Market volatility may be biggest factor in producing retirement shortfalls, according to the Employee Benefit Research Institute
How the COVID-19 crisis is affecting 401(k) sales
Amid the pandemic, many plan advisers are focusing more on customer service, and the shift to working with clients remotely is likely to accelerate
Northwestern University wins appeal in 403(b) case
The lawsuit had charged university representatives with failing to negotiate a better deal for the participants in its retirement plan
Senate coronavirus stimulus bill waives RMDs this year
The final measure also makes it easier to withdraw funds from retirement accounts in an emergency
Recession would slow state auto-IRAs, MEPs
Programs will remain viable but will take longer to build assets as gig workers and small businesses struggle to stay afloat, leaders said
Senate coronavirus package would allow hardship early access to retirement accounts
Financial industry also pushes for temporary waiver on required minimum distributions
Auto-IRA floated in Colorado
The state is one of a number that have considered or adopted a public savings system for private-sector workers who don't have access to employer-sponsored retirement plans
Balances in self-directed 401(k) accounts up 19% last year: Schwab
Participants' asset allocation was largely unchanged, with more than a third of their assets in mutual funds
The SECURE Act’s unprecedented opportunities
As the legislation brings about big changes in the retirement plan market, will advisers benefit or will they be drowned?
Oracle to pay $12 million to settle 401(k) lawsuit
The company allegedly breached its fiduciary duty, in part by selecting funds that allegedly made excessive revenue-sharing payments to Fidelity
New Vestwell infrastructure removes traditional record keepers from retirement plan administration
Vestwell now brings all non-custody services in-house
Roth 401(k)s could get a boost from the SECURE Act
The seldom used accounts, available in most employer-sponsored plans, could see increased interest given the elimination of the stretch IRA
Retirement plan adviser M&A stays hot with OneDigital deal for Resources
OneDigital's acquisition of Resources Investment Advisors includes $45 billion in assets under administration
Finra fines Prudential $1M over sloppy retirement-plan information
Regulator says flawed communications left plan participants in dark about investment costs
Managing 401(k) fees remains top plan sponsor concern
Callan survey suggests plan sponsors should consider indirect revenues in fee reviews
The SECURE Act and open MEPs: Opportunities and threats for advisers
The legislation's green light for open multiple employer plans goes into effect at the start of next year
