Congress finalizes $2 trillion coronavirus relief bill including retirement plan aid
Legislation allows limited, early withdrawals from retirement accounts, deferred RMD in 2020.
Recent 401(k) News
Congress tacks SECURE Act to 2020 spending bill
House and Senate leaders include landmark retirement reform bill benefitting annuities in must-pass federal budget agreement.
EBRI analyzes new legislative proposals impacting employer retirement plans
Latest issue brief simulates the impact of proposed legislative fixes on the retirement system.
Annuity proponents praise bill that would make it easier to include annuities in retirement...
An amendment in The Family Savings Act, HR 6757 passed by the House of Representatives on Sept. 27, would improve access to annuities by removing barriers restricting the types of small business employers permitted to band together to offer a retirement plan.
Almost three-quarters of defined contribution advisors offer financial wellness
Nearly 3 in 4 (73%) of advisors report that they specifically offer financial wellness support in their defined contribution (DC) plans, according to LIMRA Secure Retirement Institute data released Aug. 7.
The State of Employee Benefits: Findings from the 2017 Health and Workplace Benefits Survey
Dental insurance reclaims the second-most offered benefit spot from retirement savings plans and life insurance leapfrogged vision insurance to claim the fourth spot in the recently released 2017 Health and Workplace Benefits Survey.
FedEx buys $6 billion group annuity contract from MetLife to reduce pension obligations
The largest U.S. pension transaction by premium in the last five years continues the market trend of more plan sponsors transferring their pension obligations to insurance companies.
Most middle-income employees feel more secure thanks to workplace benefits
New MassMutual study also exposes need for stepped-up benefits education to fight knowledge gap – particularly among lower-income workers.
Lessons from the U.K.’s bold new retirement initiatives
A new issue brief from the National Institute on Retirement Security (NIRS) offers the first detailed analysis for U.S. audiences on the U.K.’s new...
Average IRA contributions climb to all-time high at Fidelity
Fidelity Investments this week released its second annual analysis of over seven million Individual Retirement Accounts (IRAs), which revealed that average contributions for tax...
SEPs vs. 401(k)s
There are advantages and limits for employers who choose to offer Self-Employed IRAs (SEPs) instead of 401(k)s. But what are they, and in what...