Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor. He has always maintained a focus on providing readers with timely, useful information intended to help them build their business.
2 Key July Deadlines Approaching for 401k Plans
“Third-cycle restatements” must be adopted before the end of the month while some plan sponsors may need to issue a summary of material modifications if a plan was amended in 2021
6 Striking Trends from New 401k Research
Bank of America’s 2022 Financial Life Benefits Impact Report loaded with benchmarking statistics on participant 401k engagement
Biden: Today’s Dismal Inflation Report ‘Out of Date’
President also reiterates opposition to any Republican efforts to raise taxes on “working people, or putting Social Security and Medicare on the chopping block every five years”
High June Inflation Leads to Double-Digit Social Security COLA Prediction
If estimate holds true, next year’s cost-of-living adjustment on track to be second largest in history
Defaults Matter: T. Rowe Price Analysis Shows Just How Much
The latest example of how 401ks employing auto-enrollment and auto-escalation together boost outcomes
This is How Worried Seniors are About Inflation in Retirement
Inflation, recession and healthcare costs continue to keep Americans age 50+ up at night when it comes to their retirement, new F&G survey finds
Vanguard Activates Robo Advisor for Retirement Plan Participants
“Personal Advisor” currently being rolled out to select defined contribution plans in effort to improve participants’ retirement readiness
RIAs, Broker-Dealers More Concerned Than Workers About Inflation, Recession
Four out of five Americans cite inflation and recession anxieties as top retirement income concerns in new study from The Alliance for Lifetime Income and CANNEX
Seniors Badly Misjudge Key Retirement Risks
New CRR Brief finds Americans worry way too much about one specific retirement risk while downplaying two other more likely issues
Bill Makes 529-to-Roth IRA Rollovers Penalty-Free
Bipartisan “College Savings Recovery Act” introduced in Senate