Retirement

Plan design plays a significant role in the success of a 401(k) plan, and there are opportunities for design to be catered to better suit employee needs and retirement objectives.

Commentary: As open enrollment season moves into full swing, columnist John Ludwig turns your focus to financial wellness, a growing concern for employers.

The wisdom of offering 401(k) loans has long been debated, with some arguing that allowing them is an incentive for employees to participate in the plan, while others believe they do more harm than good since employees often reduce or stop saving in their 401(k) plan after taking a loan from it.

Preparing Americans for retirement is at the forefront of priorities for lawmakers and industry, as putting off saving for retirement for even a few years will woefully shortchange employees in their golden years.

As retirement confidence among employees remains low, small business owners and their workforces may even be less prepared due to the scarcity of formal retirement education and established retirement savings plans to help this demographic.

The Supreme Court did not appear overly supportive of the so-called Yard-Man presumption during arguments this week in M&G Polymers USA, LLC v. Tackett.

The funded status of some multiemployer pension plans has not seen any drastic improvements since the great recession. But now, as proposals lurk in Congress to eliminate pension liabilities and improve the overall insolvency of these plans, there may be changes on the horizon.

Knowing all sides of a client’s benefits plan helps both retirement and health benefit consultants make better recommendations.

The nation’s largest corporate defined benefit pension plans continue to experience woes as their collective funding statuses dwindle due to unsavory interest rates.

As the retirement system steadily moves away from guaranteed pensions to more individualized retirement accounts, longevity annuities are adding to the financial security of retirees.