Guaranteed Income

By John Iekel 8/28/2017

There’s more to required minimum distributions (RMDs) than simply making payments. A recent white paper reminds that the responsibility of making RMDs includes fulfilling it on time.In the recent white paper “Are You Overlooking Required Beginning Dates?” William Grossman notes that Internal... READ MORE

The Class of 2021

By Nevin Adams 8/25/2017

Several years back, a group of us were talking about the rising cost of gasoline, when I quite casually mentioned, “Well, at least we’re not having to wait in lines to buy it.” At which point it was obvious from the reaction of the group that I was the only one who had had that particular... READ MORE

Re-Enrollment Can Benefit More Than Participants

By ASPPA Net Staff 8/23/2017

Many argue that re-enrolling 401(k) participants into target date funds (TDFs) benefits them and their beneficiaries. But a recent blog entry argues that it’s also good for a plan itself.In “Seven Reasons to Re-enroll Your 401k Participants,” Robert Lawton outlines reasons why he believes re-... READ MORE

More Than 1 Million Could Lose Pension Benefits, Study Says

By ASPPA Net Staff 8/23/2017

In the next 20 years, more than a million plan participants covered by 114 multiemployer plans could lose pension benefits, according to a recent study.The actuarial consulting firm Cheiron has announced that it has found that those plans are underfunded by $36.4 billion — they collectively have... READ MORE

How Do Employers Feel about State Retirement Expansion Ideas?

By Ted Godbout 8/21/2017

The Pew Charitable Trusts recently published a report reviewing the findings of a survey to gauge employer reactions to leading state retirement policy ideas where they found strong support among small and mid-size businesses for automatic IRA programs, multiple employer plans (MEPs) and online... READ MORE

Hypothetically Speaking

By Nevin Adams 8/18/2017

A new academic study offers some insights on taxpayer preferences for pre-tax versus Roth savings — at least in certain conditions.The study — which carries the somewhat unwieldy title “The Relative Effects of Economic and Non-Economic Factors on Taxpayers’ Preferences Between Front-Loaded and Back... READ MORE

PBGC: Single-Employer Program Deficit Gone by 2022

By John Iekel 8/4/2017

There’s good news and bad news, says the Pension Benefit Guaranty Corporation (PBGC). In its latest projections report, the PBGC says that the deficit its single-employer program has registered likely will end in the near future; however, the results for the multiemployer program are likely to be... READ MORE

Improved Tax Incentives Key to Small Plan Formation, Study Confirms

By Ted Godbout 7/28/2017

New survey results from LPL Financial suggest that well-targeted tax incentives for either starting a retirement plan or automatically enrolling employees in one may be a powerful motivator for small businesses to adopt and enhance a retirement plan for their employees.Based on the survey’s... READ MORE

Treasury Winding Down myRA Program

By John Iekel 7/28/2017

The Treasury Department on July 28 announced that it will begin winding down the myRA program. Treasury’s action, which will end the program started in 2014, comes after a review of the program and its cost-effectiveness. U.S. Treasurer Jovita Carranza said in a press release that Treasury will be... READ MORE

Do Fund Manager Changes Affect Fund Performance?

By Nevin Adams 7/27/2017

A new Morningstar analysis finds no relationship between fund manager changes and future returns — but there are impacts.“A management change is not predictive of a performance downturn,” notes Quantitative Analyst Madison Sargis and Kai Chang, Director of Quantitative Research at Morningstar. “In... READ MORE

ARA Argues for Tax Incentives for Retirement Savings

By John Iekel 7/24/2017

The American Retirement Association (ARA) on July 17 sent a letter to Senate Finance Committee Chairman Orrin Hatch (R-UT) expressing its strong support for tax incentives to encourage retirement savings.“The goals of achieving a tax code that is efficient, fair, and increases the financial and... READ MORE

Stock Slump Sets Up Stock Suit

By Nevin Adams 7/21/2017

The surging stock market may have muted suits brought by participants regarding employer stock holdings — but a new one claims to be “about the defendants’ abject failure, as plan fiduciaries, to protect the interests of the participants.”The plan at issue this time is Sears Holdings Corp., which,... READ MORE

Auto Features Helping Younger Workers with Retirement Saving

By ASPPA Net Staff 7/17/2017

Automatic enrollment is the single most important feature an employer can adopt for Millennials and new hires to participate in a company’s DC plan, according to a new study from Wells Fargo.Based on an analysis of four million people who participate in 401(k) plans provided by the firm, Wells... READ MORE

Workers Interested in Employers Providing Retirement Educational Resources

By Ted Godbout 7/17/2017

Regardless of income level, more than 60% of respondents in a new survey by MassMutual agree that they are behind when it comes to preparing for retirement, and many expressed a need for more education about retirement savings and personal financial management.The overall survey results show... READ MORE

Employee Retirement Readiness: Good for Employers

By John Iekel 7/14/2017

Financial wellness can incorporate many things — handling debt, paying off student loans, saving for family priorities. A recent primer on the subject argues that it also encompasses retirement readiness, but with a twist: employees’ retirement readiness also benefits employers.“Retirement... READ MORE

Older Employee Retirement Concerns: Two Perspectives

By John Iekel 7/7/2017

Employees who may have the greatest longevity at a particular office in terms of circuits around the sun and as part of payroll, have — and pose — concerns unlike those of younger cohorts. Two recent blog entries discuss different aspects of the retirement-related challenges attendant to older... READ MORE

Auto Features: Inertia Beaters, But May Generate Exhaust

By John Iekel 6/22/2017

Have you driven the Capital Beltway ringing Washington, D.C. at rush hour, or the highways around Los Angeles, Atlanta and a host of other major cities? It takes something to overcome the inertia of hurry up and wait to make real progress toward the end goal. That “something” can be mysterious when... READ MORE

Bill Seeks to Help Grad Students Build Retirement Savings

By ASPPA Net Staff 6/22/2017

Legislation that would allow graduate students to put funds from a fellowship or stipend in an IRA is before the Senate.The bill would amend the federal tax code to change the current treatment of such funds, which are taxed as income by federal and state governments but do not qualify as... READ MORE

What Color Is the Retirement Mood Ring?

By John Iekel 6/8/2017

If you’re of a certain age, you may remember mood rings, the once-trendy jewelry whose gem changed color depending on one’s mood. So what color is the retirement readiness mood ring? Violet (happy), gray (anxious) or amber (nervous)? Recent studies and insights give us answers as varied as the... READ MORE

Automatic Features Growing in Number, Influence

By ASPPA Net Staff 6/8/2017

‘Autos’ are proliferating on the retirement superhighway, recent studies report. Auto-enrollment, auto-escalation, auto-investment — all are growing in number of users and in their influence.Automatic EnrollmentIn “How America Saves, 2017,” a Vanguard study based on 2016 DC plan data, the firm... READ MORE

You are here

Guaranteed Income

Pages

Most Popular