Retirement

The number of employees participating in employer-based retirement plans increased in 2013 for the first time in several years, pointing to a national economy slowly mending itself and an increasing employment rate in the aftermath of the recession, the Employee Benefit Research Institute says.

A passive portfolio management approach is appropriate for many 401(k) plan participants and individual investors. But indexing isn’t right for everyone.

Knowing the client, using the best medium and avoiding industry jargon are a few ways to discuss retirement plans with clients.

Four decades after its introduction, the Employee Retirement Income Security Act has done much to help American workers create a small sense of financial security as they ponder their post-working years.

Alongside the IRS’ announcement last week to increase contribution caps to 401(k) plans, the Department of Labor issued guidance that will ease plan sponsors’ abilities to offer annuities as part of their retirement plans.

Commentary: Columnist John Ludwig asks, with all the effort put into fee disclosures and the money to produce them; does it really help the participant in the end?

Third-party administrators need to use a variety of methods to ensure employers supply the correct data.

Thanks to new cost-of-living adjustments, the Internal Revenue Service is allowing the American workforce to save a bit more in their retirement plans next year.

Employer clients acting as the fiduciary of a benefit plan may often seek the advice of their trusted adviser. ERISA recognizes that need but also disallows the misuse of an expert. So what qualifies as misuse?

Earlier this year, the Employee Benefits Security Administration at the U.S. Department of Labor, outlined initiatives to educate and protect 401(k) plan participants. Along with those initiatives comes an increased risk of a DOL audit for companies that don’t take the necessary steps to ensure their benefit plans are compliant and being properly administered for their employees.