DC plans

DB and DC plan sponsors that depend on these documents to remain in accordance with the tax code may face heightened compliance risks.

Employers acknowledge that defined contribution plans are the primary savings vehicle for many employees, yet their actions so far don’t reflect that line of thinking.

Employers acknowledge that defined contribution plans are the primary savings vehicle for many employees, yet their actions so far don’t reflect that line of thinking.

Since 401(k) plans were never designed to be the sole source of retirement income for workers, it may be time to upgrade them so they serve a more similar purpose to DB plans.

Many plan sponsors and providers may need to rethink the direction they’ve been heading. What’s worked in the past may not work going forward, says BlackRock’s Anne Ackerley.

The plan includes discussion of auto IRAs, state-run 401(k) plans and personal IRAs that would be available to Americans through the workplace.