Browsing Tag
Defined Contribution Plan (DC Plan)
416 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.
Half of U.S. Workers Unaware of Saver’s Credit
As tax season ramps up, TCRS says participants need a reminder of potentially eligibility
Hightower Taps Former AYCO Head as CEO
Larry Restieri previously spent over two decades with Goldman Sachs
Target Date Trends: 15% Growth in 2024; Fees Continue to Fall
New Sway Research report breaks down developments including CIT growth, Vanguard’s new milestone, BlackRock’s LifePath Paycheck intro, and the ongoing decline in fees
Participant Pulse: 401(k) Balances at BofA Grow 16% in 2024
Bank of America’s new Participant Pulse report shows average account balance just over six figures
DC Gains Lead Global Pension Assets to Record Level
Markets with larger pools of defined contribution assets behind rise to $58.5 trillion
2024 Growth in Retirement, Wealth Units Help Empower to Record Earnings
Two units grew AUA by 22% and 29% as recordkeeper added 600,000 retirement plan participants last year
Retirement Savers to Government: ‘Hands Off My 401(k)!’
New ICI research finds workplace retirement savers like their DC plans just the way they are (with tax preferences)
Recordkeepers Slowly Integrating AI in DC Plans
Cerulli Associates finds that a few DC plans are already using AI on its plan management and back-office strategies
Key DC Trends Shaping the Retirement Industry in 2025
A T. Rowe Price U.S. Retirement Market Outlook webinar highlighted major themes impacting the retirement space in 2025
Americans Target Financial Confidence for New Year
More adults are also building emergency savings for the unexpected, finds a New York Life Wealth Watch survey