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.
NAGDCA Highlights Public Sector DC Plans in Latest Retirement Research
The report was created to address a “significant lack of attention” and understanding of public sector DC plans and to help public sector employees adequately save for retirement
Retirement Preparation Without Tax Preferences? Part 2
Jack Towarnicky disputes the premise that tax preferences for workplace retirement plans do little to increase retirement saving
Retirement Preparation Without Tax Preferences? Part 1
Experts say it might be much the same. I say that’s foolish!
BlackRock Launches DC Advisor Hub
The large asset manager has also appointed a new DC intermediary head to lead the program
DOL Proposes SECURE 2.0 Auto-Portability Regulation
The regulation seeks to reduce cash-outs for workers when changing jobs, the DOL said in its announcement
Millennials and Gen Xers Prefer Phased Retirements
On the contrary, Gen Zers and Baby Boomers would rather stop working altogether once they reach retirement, finds Principal
4 Retirement Initiatives Vital to Closing the Racial Wealth Gap
Tom Hawkins says retirement plan sponsors can move the needle by supporting these key retirement initiatives
Commonwealth Latest to Partner with Pontera on 401(k) Management
The New York-based software platform will allow Commonwealth advisors to manage and trade clients' 401(k) and 403(b) accounts
Lack of Participant Confidence Among Leading Retirement Issues in 2024
A newly-released MFS report finds a shortage in retirement confidence among participants, and highlights what employers are doing to mitigate it
EBSA Issues FAQ Guidance for Emergency Savings Accounts
Guidance on pension-linked emergency savings accounts comes on heels of last week’s PLESA guidance from IRS