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.
Facts Don’t Back Recent Criticism of Voluntary Retirement Plan Market
Op-ed: ICI Chief Economist Sean Collins fires back at critics of the U.S. retirement system who seek to paint it as average or broken
UAW Strike Settlements: No Comeback for Pensions, But 401(k)s Get Big Boost
Ford, Stellantis and GM union members to get 10% employer contribution to defined contribution plan as result of strike-ending deals
Personalized IRAs Coming Q1 2024 from New Morningstar Retirement, Envestnet Partnership
New managed accounts offering powered by IRALOGIX will enable asset management firms to offset high cost of administering IRAs with private-labeled solution
Employees See Workplace Plans as ‘Key Vehicle’ for Retirement
Buck's latest research surveys DC participants on their retirement attitudes, finding that most expect their employer-sponsored plan to finance retirement
Fidelity Expanding TDF Lineup with CITs
The investment manager is introducing multiple CITs at a time when more employers indicate interest in offering alts
Biden: DOL Fiduciary Rule is a Further Crackdown on ‘Junk Fees’
President focused on retirement security during White House remarks Tuesday; Insured Retirement Institute blasts “unnecessary, redundant, and harmful proposal”
Creative Planning Buys Mesirow’s $13B Retirement Services Team
Mesirow's corporate retirement advisory service business works with over 350 plans and holds $13 billion in assets
Corporate Roundup: NAGDCA, Savvy Advisors Hires, JULY Earns Certification
NAGDCA and Savvy Advisors appoint new leadership, JULY receives a CEFEX certification, and more
Financial Vortex May Threaten U.S. Retirement Savings
Goldman Sachs Asset Management’s Chris Ceder explores causes that strain participants’ ability to save and offers insights on how to get them back on track
Auto-Enrollment in Government Plans Grows Big, But Auto-Escalation Lags: Report
MissionSquare Research Institute report shows 17 states and District of Columbia have adopted auto-enrollment features