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.
Reps. Introduce RISE Act for Micro-Businesses to Offer Retirement Plans
The bill would incentivize businesses with under 10 employees to adopt retirement savings plans
What to Consider When Contemplating an Annuity for a Defined Contribution Plan
PGIM’s David Blanchett explores key considerations for plan sponsors facing this important decision
As High Inflation Enters Third Year, Americans Rethink Retirement
A survey released today by MFS finds 60% of workers are reshaping their thinking around retirement
U.S. Retirement Assets Hit $37.8T
The Congressional Research Service found that total real retirement assets grew by 13.3% from 2013 to 2022
3 in 4 Say Resumption of Student Loan Payments will Impact Retirement Contributions
New Corebridge Financial-Morning Consult study finds end of 3-year repayment pause will cause many to cut back on 401(k) contributions
Participants Wing Retirement Saving Goals
Data from Escalent found 40% of participants admit to calculating their retirement savings off the top of their head
Corporate Roundup: NFP Acquires Divergent, T. Rowe Price Names CTO
NFP acquired Utah-based Divergent Wealth Advisors, T. Rowe Price welcomes new CTO, and more
Retired or Not? Report Finds Many Who Recently Retired Seek Return to Work
T. Rowe Price study finds millions of retirees returning to part- and full-time work in search of financial and emotional benefits
Half of Americans Feel Behind on Retirement Saving
MassMutual survey finds one in five never plan to retire
$44 Million Pulled from DC Plans by Entertainment Workers During Prolonged Strike
Report says nearly 3,000 workers have filed for hardship withdrawals averaging $15,000 from their retirement plan in wake of writer’s strike