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.
Following the Pandemic, Retirees Continue to Face Retirement Insecurity
Retirees are still recovering their savings from the COVID-19 pandemic in 2020, finds TCRS
Informational Copies of 2024 Form 5500 Now Available
EBSA joins IRS, Pension Benefit Guaranty Corp. in releasing informational copies and instructions online
GreenPath 401k Debuts as ‘First Fully Vetted and Transparent’ Retirement Plan for Legal Cannabis Industry
Green Leaf Business Solutions taps First Citizens Bank as Custodian to bring top-tier 401(k) plans to legal cannabis operators
ESG Adoption Gradually Increases in 2023
Numbers are still lower compared to 2021's high adoption rate of 49%, finds Callan
New Future Capital Partnership Targets Held-Away 401(k) Assets
Deal with SS&C's Black Diamond Wealth Platform integrates customized 401(k) solution for Registered Investment Advisors
Retirement Plan Participants Want More in Digital Experiences
Still, a Corporate Insight report finds that 87% of plan participants are “somewhat satisfied” or “extremely satisfied” with their provider
401(k) Balances at Bank of America Spike 11% in Q3
Average balance now tops six figures after closing 2023 at $86,000
1 in 3 Guilty of Overspending in Retirement: EBRI
New Spending in Retirement study shows big increase in spending more than they can afford from first study in 2020
Boeing Holds Firm on No Return to Pensions in Strike Negotiations
Vote on latest deal—which doesn’t include restoration of pension plan—is set for Monday
Boeing Contract Vote Could Hinge on Improved 401(k) vs. Restored Pension
Aerospace giant sweetens offer to end strike with better 401(k) benefits but many Machinists holding out for unlikely return of pension plan