Talking about financial investments and products can help lead to greater financial literacy and a greater propensity to save for retirement, says a recent study. The LIMRA Secure Retirement Institute in “The Roots of Financial Literacy: The Impact of Family on Financial Knowledge and Retirement... READ MORE

Legislation passed by the U.S. House of Representatives on July 24 is intended to assist financially troubled multiemployer DB plans that meet specified criteria, but that help would come with a hefty price tag, according to the Congressional Research Service.  In a report updated July 19, the CRS... READ MORE

The IRS and the Department of Labor should establish a formal way of collaborating on oversight of prohibited IRA transaction exemptions, the Government Accountability Office (GAO) has recommended. The GAO undertook the study that led to its report, “Individual Retirement Accounts: Formalizing... READ MORE

Since employees and their behavior are at the root of most decisions about retirement plan participation and how individual accounts are managed, insight into behavior that affects those decisions can be a useful tool in understanding how those choices are made.  In a July 9 webcast, “Behavioral... READ MORE

The Oregon Retirement Savings Board (ORSB) now may partner with other states in providing services similar to those offered by OregonSaves, the Beaver State’s state-run auto-IRA program for private-sector employees whose employers do not offer a retirement plan.  Senate Bill (SB) 166, signed into... READ MORE

The American Retirement Association, joined by a broad coalition of trade groups, called on the Senate to quickly approve the bipartisan Setting Every Community Up for Retirement (SECURE) Act – and we need your support! With the House passing the measure (H.R. 1994) on May 23 by a vote of 417-3,... READ MORE

Cyber threats morph and evolve as quickly as the technology and data they compromise. Speakers at SPARK’s national conference in Falls Church, VA suggested ways to protect against them.  Evolving Challenges Wendy Young Carter, a VP and Defined Contribution Director, Public Sector at Segal Group,... READ MORE

The workforce, like the economy, is changing rapidly. That has implications in many areas, including retirement savings and retirement plan coverage. A June 4 session at the SPARK National Conference held in Falls Church, VA discussed some of those circumstances and how they may be addressed. John... READ MORE

The Securities and Exchange Commission has announced two enforcement and education initiatives intended to help protect teachers, active members of the military and veterans and their assets, including retirement funds. The initiative augments the agency’s previous efforts in that vein with... READ MORE