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.
DC Plan Response to CARES Act Varied by Industry, Recordkeeper
“The response of defined contribution plan sponsors to the CARES Act was primarily influenced by the industry they…
New DOL Guidance on Private Equity Adds Flexibility for DC Plans
The U.S. Department of Labor issued important new guidance for 401k plan investment committees on June 3 that…
BlackRock Urged to Divest from China by Right-Leaning Ethics Watchdog
In a May 12 letter to BlackRock Chairman and CEO Larry Fink, the National Legal and Policy Center…
Few DC Plan Participants Withdrew Funds in 2019, ICI Finds
Only 3.9% of defined contribution plan participants withdrew money from their accounts in 2019, according to the Investment Company Institute.
Combating The Washington Post’s Ridiculous 401(k) Criticism
Democracy dies in darkness, and so apparently do retirement plans. The Bezos-owned Washington Post is out with a…
Confidence in Retirement Plans High Despite Coronavirus Crisis
Much has changed since January when the Employee Benefit Research Institute fielded its annual Retirement Confidence Survey (RCS).…
Trump Versus Biden on 401k’s Future: Retireholi(k)s
See John Sullivan discuss the presidential candidates on RetireHoli(k)s. What are the presidential candidates saying about the 401(k)?…
Steady as She Goes for Vanguard Investors
Despite market volatility brought on by the coronavirus pandemic, investors with Vanguard Group haven’t been inclined to make…
401(k ) Assets Totaled $6.2 Trillion in Fourth Quarter
For what it’s worth, in the time before the coronavirus craziness, total U.S. retirement assets were $32.3 trillion…
Public Retirement Research Lab Debuts as Resource for Public DC Plans
In an effort to address the problem that national benchmark for public sector defined contribution plans has not…