Browsing Tag
Milliman
23 posts
$500 Boost Projected for 2024 401(k) Contribution Limit
Forecasts from Mercer and Milliman each predict a $23,000 limit in advance of late October official announcement from the IRS
2024 401(k) Contribution Limit: Milliman Forecasts Modest Increase
Based on current inflation data, Milliman’s latest 2024 IRS limits forecast predicts a $500 increase while official 2024 limits are expected to be announced in October
What a 65-Year-Old Retiring Today Will Spend on Healthcare
Fidelity’s 2023 Retiree Health Care Cost Estimate shows projected costs remained flat year-over-year, but Americans still consistently (and significantly) underestimate healthcare costs
How Much a 65-Year-Old Retiring in 2023 Needs to Cover Healthcare Costs
Milliman Retiree Health Cost Index finds a healthy 65-year-old retiree needs between $90,000 and $203,000 over remaining lifetime
Corporate Roundup: Generations Retirement Group Opens Mass. Location; Milliman Moves
Capping off the month, Generations Retirement Group rolls out a new location in Westborough, Massachusetts, Transamerica and Smart…
New Tool from Milliman Like a ‘Credit Score for Retirement Readiness’
Newly enhanced RISE Score incorporates inflation, longevity, and market and withdrawal behaviors to project retirement security
Just How Much a Retiree Will Spend on Healthcare: Milliman
2022 Retiree Health Cost Index breaks down expected costs for a healthy 65-year-old by gender
Major 2023 401(k) Contribution Limit Jump Predicted
Thanks to inflation, estimates in Milliman's “2023 IRS Limits Forecast – May” show significant increases in IRS contribution limits for retirement plans are likely
Recordkeeper Adds Suze Orman’s Emergency Savings Tool
Partnership means the emergency savings program will be available to Milliman retirement plan clients
Milliman 401(k) Plan Sued for Use of ‘Untested’ Target Risk Funds
Complaint seeking class action status says plan fiduciaries violated ERISA by losing up to $85 million invested in poor-performing target risk fund series