Browsing Tag
Defined Contribution Plan (DC Plan)
398 posts
A defined contribution (DC) plan is a type of retirement plan where the employer, employee, or both, make regular contributions to individual accounts for each participant. The final benefit amount depends on the contributions made and the investment performance of those contributions, rather than being predetermined. Common examples include 401(k) plans and 403(b) plans.
Three-Quarters of Americans Favor State-Run Retirement Plans
Most working Americans say they would participate in a state-facilitated retirement program if offered, NIRS' latest brief finds
Investors Report Concerns Over Hitting ‘Magic Number’ for Retirement
Almost half of respondents say they will need between $1 to $2 million to retire
Pontera, Stifel Partner to Securely Manage Client 401(k)s
Collaboration unveiled today extends capabilities of more than 2,400 Stifel advisors serving over 200,000 clients
TIAA, Nuveen Hit $35B with Lifetime Income Solutions
TIAA and Nuveen announced they have reached $35 billion in AUM through their suite of lifetime income options
The Right Way to Select a QDIA
Fully documenting the process of analyzing and selecting a strategy that aligns with participant demographics provides the highest level of legal protection for your QDIA selection
Nationwide Launches Default Guaranteed Income Solution
The new feature from Nationwide will automatically default participants into an in-plan guaranteed income solution once they near retirement
As You Sow Calls Out Big Tech for $5 Billion Loss in 401(k) Returns
A report by the corporate social responsibility non-profit analyzed 401(k) plans of 12 tech sector companies
401(k) Participant Interest in Annuities Surges, LIMRA Says
Over three-quarters of DC plan participants say they would be likely to invest in an in-plan annuity if offered by their employer
Younger Participants Show Strong Interest in 401(k) Plans
Findings from the EBRI/ICI database show that 40% of plan participants are in their twenties and thirties
Plan Sponsors Focused on Reining in Fees: Callan
2024 DC Trends Survey shows reviewing plan fees a top priority