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.
‘No ESG in TSP Act’ Reintroduced in Congress
Texas Republican Rep. Chip Roy leads partisan effort to prevent Thrift Savings Plan participants from investing in “woke” Environmental, Social, and Governance (ESG) funds
65% of Workers Say They Will Need to Save More for Retirement
The new DC Pulse survey from MFS finds investors are also wanting emergency savings benefits from their workplace plans
Annuities and Institutional Best Practices: A Good Fit
Could it become a future breach if DC plans don’t at least consider them?
Standard of Living in Retirement Will Decline for Half of Households: Report
Latest National Retirement Risk Index findings promp report authors to warn, “we need to fix our retirement system so that employer plan coverage is universal”
Richter-Gordon, Chamberlain Launch Firm to Vet Lifetime Income Options in 401(k)s
Fee-only “Annuity Research & Consulting” debuts today with goal of transforming the DC plan industry’s approach to investigating annuity options
10 States Furthest From and Closest To Retirement Savings Benchmarks
New ranking identifies which states are furthest behind in saving what they’ll need to retire, and by how much
Just 28% of Micro Businesses Offer a Retirement Plan
A Capital Group report finds that small businesses were likely to cite cost as a critical factor for avoiding retirement plans
Sheri Fitts Launches Personal Branding and Thought Leadership Conference
Inaugural SWAY | LIVE event for financial advisors set for August in San Diego
Plan Sponsors Are More Involved with Retirement Planning in 2023
A new survey by PGIM shows seven in 10 plan sponsors believe they are taking action in solving the retirement income challenge
Legislation, Regulation, Litigation Driving Change in 401(k) Plans: Callan
Just-released Callan 2023 Defined Contribution Trends Survey paints detailed picture of challenges and opportunities facing DC plan sponsors