Guaranteed Income

In a recent Plan Sponsor Council of America (PSCA) webcast, industry experts offered ways to approach employees concerning HSAs and strategies that can help in improving how effective they are in helping them meet their current and future needs.   Panelists in the June 10 webinar “HSA Thought... READ MORE

A survey by a group pushing a new retirement proposal finds that a majority of voters favor a new proposal like the one the group is promoting—which would give those who don’t already have access to a plan at work access to “the same savings plan as government employees.”  The survey—commissioned... READ MORE

That said, workers say that they would rather have a boosted 401(k) match than a raise, given their choice of benefit options, according to a new survey. Eighty percent of respondents agree that the traditional idea of retirement is no longer accurate for most people’s expectations or experiences... READ MORE

The Pension Benefit Guaranty Corporation (PBGC) is seeking the approval of the Office of Management and Budget (OMB) on two modifications of methods of collecting information.  Reportable Events The PBGC seeks OMB approval of modifications to two forms by which it is informed about reportable... READ MORE

I was talking to a friend recently, and commending him on his forthcoming bump in take-home pay, though neither his compensation nor tax bracket had moved an iota. Turns out he’s got a daughter who has just graduated from college and—wonders of wonders, she has a job lined up in her field of study... READ MORE

The Pension Benefit Guaranty Corporation (PBGC) should strengthen its acquisition planning in order to better support its actuarial support services, says the Office of the Inspector General (OIG) in a recent report. The PBGC’s Actuarial Services and Technology Department (ASTD) relies on actuarial... READ MORE

The next deadline for registration with CalSavers, the state-run retirement plan for employees whose employers don’t offer one, is coming soon. Employers with 51-100 employers that do not offer a plan have until June 30 to register.   CalSavers was launched on July 1, 2019. Employers in California... READ MORE

Traditional approaches to finance and investment have had their day, said experts in a recent PSCA webinar, arguing that behavioral finance has changed the equation.  In “Investment Menu Design that Improves Retirement Readiness,” Matthew Gnabasik, Connie Mulligan and Neal Smith suggest that new... READ MORE

The ranking Republican member of the House Ways & Means Committee has put forward a new Family Savings Account proposal that seeks to support the needs of families, but would fall outside the employer-based savings system.  Rep. Kevin Brady (R-TX), the top Republican on Ways & Means, along... READ MORE