Kenneth Corbin
Contributing WriterKenneth Corbin is a Financial Planning contributing writer in Boston and Washington. Follow him on Twitter at @kecorb.
Kenneth Corbin is a Financial Planning contributing writer in Boston and Washington. Follow him on Twitter at @kecorb.
State retirement plans are about reaching the underserved, not about competing with the private sector, officials say.
Amid economic uncertainty of the pandemic and following the passage of the SECURE Act, momentum could be building for retirement income in workplace plans.
An early look at the impact from the economic shutdown was not as bad as feared, while industry insiders see opportunities for advisers and sponsors to talk up the value of retirement and emergency savings.
The spread of coronavirus requires employers to consider regulations that might not have applied before, and makes a strong case for teleworking.
Industry insiders see momentum building for more retirement legislation that could upend the benefits world.
With a narrow segment of workers accounting for the lion's share of healthcare spending, employers can no longer afford to treat all claimants the same.
With most workers unable to cover a short-term financial emergency, benefits experts have some ideas for how employers can encourage contributions to rainy-day funds.
Provisions to relax nexus requirement for shared plans are a modest step, but open multiple employer plans enjoy strong momentum and broad support.