Following a decade of litigation, defined contribution (DC) plan sponsors continue to rank governance and process—a broad category includes much of the “basic blocking and tackling” that plan... Read More
Advertisement
DC Plan Design
BY Ted Godbout | 3/18/2024
An early preview of Vanguard’s How America Saves 2024 finds that plan sponsors are continuing to make improvements to their plan designs.
The report reveals that 60% of plans with an... Read More
BY John Sullivan | 3/13/2024
A new study finds that people who rely on "deferred tax" accounts to save for retirement may exhaust their savings faster than people who use "currently taxed" accounts.
In the U.S., some... Read More
BY John Sullivan | 2/28/2024
Familiar 401(k) critic Teresa Ghilarducci testified before Congress on Wednesday, claiming America’s retirement system is “severely broken” and seniors must either “work or rely on the kindness... Read More
BY NAPA Net Staff | 2/19/2024
What's in the episode?:
Academics are on the march, coming for the defined contribution retirement savings system with policy prescriptions that would fundamentally change employer-sponsored... Read More
BY John Sullivan | 2/12/2024
Do savings incentives like tax preferences in defined contribution plans exacerbate the racial saving gap?
It’s the subject of a recent working paper titled Who Benefits from Retirement... Read More
BY Nevin E. Adams, JD | 1/9/2024
Two headlines on NAPA Net caught my eye this past weekend—provocative “what if” type questions.
I’m talking about “Will Retirement Income Solutions Finally Break Through in 2024?” and “Will... Read More
BY Robert Richter | 12/29/2023
Call it the not so Solo 401(k). We’ve received questions from some American Retirement Association (ARA) members regarding the impact of the long-term part-time employee rules (LTPTE rules) on Solo... Read More
BY Ted Godbout | 12/13/2023
Despite ongoing workforce challenges, a panel of retirement industry experts are confident that by 2026 more small companies will offer a workplace retirement plan and more employees will participate... Read More
BY John Sullivan | 12/4/2023
Financial “expert” Robert Kiyosaki, famed author of Rich Dad Poor Dad, recently called the 401(k) a horrible retirement plan, trotting out the same old tired tropes in what appeared to be a... Read More
BY Ted Godbout | 12/4/2023
A key theme that has emerged from Alight’s annual “hot topics” survey is that employers need more guidance on key provisions in the SECURE 2.0 Act before fully embracing them.
In looking at... Read More
BY Dan Beck | 12/1/2023
Almost 150 years ago, the American Express Company established the nation’s first private pension plan in an effort to create a career-oriented workforce. Back then, around 75% of men over... Read More
BY Ted Godbout | 11/17/2023
To better understand how people make retirement savings decisions, Goldman Sachs Asset Management (GSAM) recently collaborated with behavioral finance research firm Syntoniq to evaluate the factors... Read More
BY Nevin E. Adams, JD | 11/14/2023
A week or so ago, I came across an announcement that IBM was making changes to its 401(k). More specifically that, effective next year they were going to replace their matching contribution in their... Read More
BY Ted Godbout | 11/9/2023
With many workers electing workplace benefits during open enrollment this month, a new survey finds that less than half will review or increase their retirement plan contributions, suggesting a... Read More
BY Ted Godbout | 10/4/2023
Improvements in retirement-plan design have put more workers in a better position to meet their retirement goals, yet for Americans who lack access to a plan, the outlook remains challenging.
That... Read More
BY John Sullivan | 10/2/2023
“403(b)s are not 401(k)s, and damage is done by not understanding the difference,” PenServ Plan Services President Sue Diehl emphasized at the outset of a session dedicated to a comparison of the two... Read More
BY Ted Godbout | 9/6/2023
Fee pressures continue to be a dominant force in shaping the future of target date (TD) solutions as evidenced by the top two most supported developments identified by T. Rowe Price’s just-released... Read More
BY Ted Godbout | 8/28/2023
Retirement plan advisors take note—2023 should be thought of as a year of opportunity, as an increasingly complex retirement landscape is expanding the pathways for greater advisor impact.
This is... Read More
BY NAPA Net Staff | 8/3/2023
There’s an old practice getting some new attention these days—“reenrollment.” In this episode, Nevin and Fred take a look at the trend and its implications.
Let’s face it,... Read More
BY John Sullivan | 7/3/2023
Happy Bobby Bonilla Day! It’s that magical time of the year when the former New York Mets great collects a gargantuan check for having done little more than extremely savvy financial planning.
The... Read More
BY Ted Godbout | 6/15/2023
In a nod to plan sponsors that improved plan design and introduced new automatic features despite a volatile economy, Vanguard reveals in its just-released How America Saves report that it saw record... Read More
BY John Sullivan | 6/9/2023
Digital platform 401(k) provider Human Interest announced it will offer a 3% cash back reward to participants who start saving for retirement.
Essentially acting as a match, the San Francisco-... Read More
BY Ted Godbout | 5/18/2023
While there’s much debate over the pros and cons of auto-features and whether participants need a nudge, the results of a new study suggest that plan sponsors can boost “default escalators” in 401(k... Read More
BY David Levine, JD | 5/15/2023
Innovative solutions hold the potential to improve outcomes for participants. But innovation can be scary in today’s litigious environment.
Concepts in the retirement industry come and go — and... Read More
Recent Comments