Browsing Tag
Defined Contribution Plan (DC Plan)
409 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.
Running Out of Money Scarier than Death for Most Americans
Allianz Life study finds 63% worry more about going broke in retirement than dying
Saver’s Match Looks Like a Game-Changer for Under-Saved Workers
New research shows program coming in 2027 will foster improved retirement saving behavior for millions of Americans
$1.46 Million: New ‘Magic Number’ for a Comfortable Retirement
Amount needed surges 53% over 5-year span, according to Northwestern Mutual study
Empower Introduces Newest Suite of Retirement Income Partnerships
The firm's latest offerings include collaborations on guaranteed lifetime income products with Income America, Blueprint Income, and more
NIRS Finds High Turnover in Workforces Shifting from DB to DC Plans
A report by the non-profit shows that a Rhode Island public plan had higher employee attrition when it moved from a pension plan to a hybrid DC model
HSA Bank Adds Emergency Savings Account Solution
New ESAs encourage greater financial wellness among employees with behavioral nudges
Penelope, Navia Partner on White-Label 401(k) Plans
Deal marks 2022 startup’s debut of white-label 401(k) plans and recordkeeping for plan advisors and sponsors
Redefining 401(k) Data Collection for Racial and Gender Groups
Research released today by the Collaborative for Equitable Retirement Savings hopes to change how data is gathered to mitigate racial and gender disparities
Investors with Formal Financial Plan Enter Retirement with Double the Wealth of Those Who Don’t
T. Rowe Price report finds those with a plan also likely to contribute more to retirement
Addressing the Racial/Ethnicity Retirement Plan Gap: It’s More Than Demographics
David Blanchett explores reasons behind the lower than average participation rates of Black and Hispanic workers