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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
Corporate Roundup: ShareBuilder Offers 401k Safe Harbor, TIAA RetirePlus Passes Milestone
ShareBuilder reveals new 401(k) product, TIAA exceeds 250,000 participants on its RetirePlus product, and more
Total Annuity Sales Jump 12% in Q2
Total annuity sales climbed to $88.6 billion in the second quarter of 2023 and increased 28% in the first half of the year
More Americans Believe Their Financial Planning Needs An Upgrade
Latest findings from a Northwestern Mutual Planning & Progress Study shows 66% of Americans say their financial planning needs improvement
Founders Financial, Pontera Partner to Help Advisors Manage Held-Away 401(k)s
Strategic partnership enables Founders advisors to manage held-away accounts using Pontera
American Interest in Adding Annuities to 401(k)s Still Rising
Allianz Life study finds interest has grown significantly as most Americans worry about running out of money from their employer-sponsored plan during retirement
DST 401(k) Plan Fiduciaries On Hook for $125 Million in ERISA Settlement
Department of Labor announces “extraordinary” settlement in case where more than 9,000 participants suffered large losses due to plan’s lack of diversified investments
Data Breach Impacts Nearly 172,000 Tennessee Retirees
The Tennessee Consolidated Retirement System (TCRS) notified retirees and beneficiaries that their names, Social Security numbers, dates of birth, and mailing addresses had been compromised
Americans Compromise Retirement Savings for College Education
Research from the Society of Actuaries finds workers and retirees are choosing to save more for a beneficiary's college than their own retirement