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.
401k Participants Largely Pass on ESG Options, Research Finds
Even when it is offered, PGIM and EBRI study finds less than 10% of self-directed 401k participants allocate money to an environmental, social and governance fund
A Boon for the 403b: IRS Expands Tax-Favored Approval Process
As of June 2023, the IRS will allow 403b plans to use the same individually designed retirement plan determination letter program used by 401ks
October a Light Trading Month for 401(k)s: Alight
With just two above-normal trading days, the Alight 401(k) Index revealed stable value funds accounted for over 80% of net inflows
What Midterm Election Results Could Mean for Retirement Policy
The Nov. 8 midterm election will likely shape the future for Social Security and Medicare programs
Auto-Portability Receives Bipartisan Backing with House Bill
The new bicameral support increases the chances of auto-portability language being included in upcoming SECURE 2.0 legislation
SECURE 2.0 Update: Where It Stands, What’s Likely to be Included
Substantial retirement reform legislation expected to pass by year’s end being cobbled together from three bills with many similar objectives
Higher Education Employers Rank Retirement Plans as Top Priority
Research from Voya finds a majority of higher education institutions believe DC retirement plans help attract and retain employees
Allianz Life Makes Latest Guaranteed Income Solution Available to DC Plans
The new tool comes during a time when more American workers and employers want guaranteed lifetime income strategies
Black October a Good Thing for TSP Funds
Stock market gains help Thrift Savings Plan retirement savers recoup some of this year’s losses
What is ‘Pretirement’ and Why Do More People Want One Before Retiring?
Americans show growing interest in a transitional life stage between full-time work and traditional retirement, new survey shows