Retirement Income

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

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

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

The Washington State Department of Commerce is updating the rules for the state’s Small Business Retirement Marketplace. The department is responsible for managing the Washington Small Business Retirement Marketplace in consultation with the state Office of the Insurance Commissioner and Department... READ MORE

Automatic enrollment has long been touted — and proven — to be an effective way to overcome retirement savings inertia in 401(k) plans. But these days automatic enrollment plan design seems to be suffering from its own inertia.For all the good press and positive results that automatic enrollment... READ MORE

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

Employees are increasingly looking to their employers for financial support and believe that employers also have a responsibility for their health and well-being.What’s most interesting about that statement is that a higher percentage of employers agree with it than employees. In fact, the percent... READ MORE

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

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