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.
Axios Advisory Group Joins EdgeCo’s AmericanTCS Business Unit
Completed acquisition continues the national expansion of AmericanTCS’s administration, recordkeeping and wealth services
Small Employers Not Taking Advantage of Plan Startup Tax Credits—And That’s a Big Problem
Recent NBER report shows only 5.5% of eligible firms claim SECURE 2.0-expanded tax credit for starting workplace retirement plans
Saver’s Match Could Add $2 Trillion in Retirement Wealth: Morningstar
Model puts dollar figure on total potential gains for Americans at retirement age as result of new program taking effect in 2027
Social Security Cost of Living Adjustment (COLA)
Keep track of the latest changes to Social Security cost-of-living adjustments (COLAs) with insights retirement plan advisors need to guide clients and plan for inflation.
IRI to DOL: Don’t Undermine Annuity Access in 401(k) Plans
Retirement income trade association says scheduled withdrawal of safe harbor rule would disrupt inclusion of lifetime income solutions in workplace retirement plans
How Americans Are Turning Money Stress Into Action
New Empower research finds people spend 4 hours a day thinking about their finances, but it’s spurring real progress for many
401(k) Savers Cut Back on Personal Spending, Not Retirement
Schwab’s annual nationwide survey of 401(k) participants finds retirement confidence dips amid inflation concerns, but few are curbing plan contribution rates
DCALTA Issues Set of Principles to Guide DC Plan Stakeholders on Use of Private Market Investments
As push for private equity in 401(k)s intensifies, new guide for plan fiduciaries and financial professionals focuses on responsible integration of these asset classes
AllianceBernstein Adds Pacific Life to Lifetime Income Solutions Platform for Large DC Plans
Pacific Life now an insurer to both Lifetime Income Strategy and AB Secure Income Portfolio CIT
Uncashed 401(k) Distribution Checks Subject of IRS Guidance
Guidance clarifies that failure to cash checks does not affect withholding or reporting