Browsing Tag
Defined Contribution Plan (DC Plan)
412 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.
Nine Insurance Trade Groups Sue DOL Over Fiduciary Rule
The lawsuit is the second since the DOL announced its new rule in April
May 28, 2024
Merrill Cyber Leak Exposes Walmart 401(k) Participants
Impacted 401(k) participants will have access to a two-year membership with an identity theft protection service
May 24, 2024
Underutilized 401(k) Managed Accounts Breed Much Higher Retirement Confidence for Users
New research from Cerulli validates an unmet demand for the type of help offered through DC managed account solutions
May 17, 2024
AllianceBernstein Expands Retirement Income Suite
AB says its expanded solutions adapt to the needs and preferences of DC plans
May 15, 2024
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
May 15, 2024
Investors Report Concerns Over Hitting ‘Magic Number’ for Retirement
Almost half of respondents say they will need between $1 to $2 million to retire
May 14, 2024
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
May 14, 2024
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
May 2, 2024
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
May 1, 2024
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
May 1, 2024