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.
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
Plan Sponsors Look for Personalized Solutions to Help Participants Reach Retirement Readiness
White paper offers fresh insights featuring perspectives from large 401(k) plan sponsors on the value of managed accounts and other personalized financial wellness offerings
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