In its inaugural U.S. Retirement Market Outlook, T. Rowe Price offers insights on the major themes professionals at the firm expect to shape the retirement landscape in 2022.  According to the paper, given the impact of the significant global events over the past two years, the three themes that... READ MORE

President Biden on Nov. 15 signed into law the $1.2 trillion infrastructure legislation that includes new reporting requirements for digital assets, additional pension smoothing relief and clarifies disaster relief assistance.  The House approved the Infrastructure Investment and Jobs Act (H.R.... READ MORE

The number of Gen Z investors across the firm’s retirement platform nearly doubled from a year ago, according to Fidelity’s third quarter retirement analysis, reaching a record 1.4 million.  And while it’s still early in their careers, Fidelity’s data suggests that Gen Zers (born between 1997-2012... READ MORE

While 4% generally has been considered a safe withdrawal rate for retirees for the better part of the last three decades, a new paper by Morningstar argues that, given current conditions, the rate should be lowered.  In The State of Retirement Income: Safe Withdrawals Rates by Morningstar’s... READ MORE

Bipartisan retirement security legislation that shares some overlap with the SECURE Act 2.0—and is supported by the American Retirement Association—has been approved by a key House committee.   The House Education and Labor Committee on Nov. 10 approved the Retirement Improvement and Savings... READ MORE

As employers grapple with the “Great Resignation,” two new surveys find wide differences in workers’ sentiments, with many considering job changes, while others may delay their retirement. According to the Principal Financial Group’s quarterly Retirement Security Survey, a quarter of U.S. workers... READ MORE

While a record number of institutional investors are incorporating ESG factors into their investment decision-making, there apparently still are a number of ongoing disparities, according to a new survey.  The results of Callan’s ninth annual ESG Survey reveal that a record 49% of institutional... READ MORE

Account holders apparently are still using their HSAs for health care spending instead of taking full advantage of saving and investing their accounts for health care expenses in retirement, a new report finds.  According to Lively’s second annual HSA Account Holder Insights report, account... READ MORE

Yes, younger generations have lower levels of financial literacy—but the results of a new study suggest that the overall levels and implications may not be what you think.  According to the report from the TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) at the George... READ MORE