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.
Outliving Assets Still Greatest Fear of Retirees and Near-Retirees
Latest Cerulli Edge report says Americans seeking certainty regarding their retirement savings amid longer life expectancies
Disney Retirement Community Taking Shape in California
First “Storyliving by Disney” residents scheduled to move in next year; development includes a residential area exclusively for people 55+
3% Cash Back to Save for Retirement: Human Interest Launches ‘Industry First’
Credit card rewards-like program incentivizes participants to start saving in a 401(k)
American Unfamiliarity with Retirement Products Glaring in New Survey
Only 3 in 10 feel confident about retirement offerings while 76% of those over 50 expressed little confidence, survey from Unbiased finds
Millennials, Gen Z Cutting Back on Retirement Contributions?
Morgan Stanley at Work survey finds more than 3 in 4 younger participants say they have reduced contributions, citing inflation and recession concerns
Self-Directed 401(k)s See 6.6% Gain in Q1 2023
Schwab’s SDBA Indicators Report shows average account balance rose to $298,543, but that’s still down 10% from a year ago
3 More States Advance Auto-IRA Programs
Pennsylvania, Vermont and Nevada join growing ranks of states enacting state-run auto-IRA programs for those lacking access to workplace retirement plans
American Airlines Pilot Sues Company 401(k) Over ‘Woke’ ESG Investing
Proposed class action claims airline’s retirement plan is filled with investments that pursue “leftist political agendas” through environmental, social, and corporate governance strategies
DOL Urged to ‘Prioritize’ 6 SECURE 2.0 Provisions
Emergency savings accounts provision among those singled out in letter from Senate HELP Committee Chair Bernie Sanders and Ranking Member Bill Cassidy
Senate Sends Debt Ceiling Bill to Biden, Averting Potential Default
Legislation passed in Congress this week means no delay for Social Security checks and resumption of federal student loan payments in September