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.
Trio of TSP Funds Up Over 15% in 2023
Stock market’s continued momentum in July helps the federal government Thrift Savings Plan’s C Fund rise 20.62% through the first seven months of the year
401(k) a ‘Must-Have’ Benefit for Job Seekers: Schwab Study
3 in 4 would refuse a new job it doesn’t come with a defined contribution retirement plan, wide-ranging Charles Schwab survey finds
401(k) Contribution Cutbacks Likely When Student Loan Payment Pause Ends
New Empower research finds 4 in 10 borrowers consider curtailing retirement contributions to help pay off student loans
5 Surprises Top Bankrate’s Best States for Retirement 2023
Affordability helps these states edge traditional retirement havens while California, New York lag near bottom of new rankings
With Eye on IRAs, Vanguard Expands Relationship with Retirement Clearinghouse
Agreement will help reconnect IRA accountholders with lost retirement funds
First 403(b) Pooled Employer Plan Launches Post SECURE 2.0
The Platinum 401k brings the first 403(b) program to the market after SECURE 2.0 permits the nonprofit plans to maintain a PEP, with Voya as recordkeeper and LeafHouse Financial as 3(38) investment manager
‘Auto-Reenroll Act of 2023’ Introduced in Senate
Bipartisan bill seeks to allow 401(k) plan sponsors to automatically reenroll non-participants at least once every 3 years
401(k)s Miss Out on Billions by Not Adding Private Equity, Study Finds
New report says defined contribution plans incorporating PE and real estate investments like defined benefit plans do could add $35 billion a year
New Agreements Expand DB, Deferred Comp Plan Capabilities at Schwab Retirement Plan Services
SRPS will begin systems work with Conduent and Newport this year in advance of offering enhanced plans to clients in 2024
DOL Fiduciary Rule Update with Fred Reish
Fred Reish discusses retirement plan-to-IRA rollover recommendation made by an advisor who is a fiduciary to a plan or participant constitutes a fiduciary act, necessitating the use of Prohibited Transaction Exemption 2020-02.