Retirement income

Ted Benna, the man widely regarded as the father of the 401(k) plan, recently reflected on his creation – and he wasn't happy. Benna laments that 401(k)s have become so complicated and so expensive and so rife with opportunities for mistakes.

Standard target-date funds may not serve best interests of 401(k) participants, according to Russell Investments’ Josh Cohen.

Standard target-date funds may not serve best interests of 401(k) participants, according to Russell Investments’ Josh Cohen.

In this low-return, low-interest rate environment, there’s a new set rules for offering a list of retirement plan funds, according to wealth management adviser Robert Lawton.

In this low-return, low-interest rate environment, there’s a new set rules for offering a list of retirement plan funds, according to wealth management adviser Robert Lawton.

Russell Investments goes a step further than target-date funds based on participant demographics at the plan sponsor level by enabling automated TDF customization at the participant level.

While the 401(k) marketplace is crowded with asset managers anxious to create customized target-date funds based on participant demographics at the plan sponsor level, Russell Investments goes a step further by enabling automated TDF customization at the participant level.

Almost 20% of Americans 65 and older are now working, according to the latest data from the U.S. Bureau of Labor Statistics. That’s the most older people with a job since the early 1960s, before the U.S. enacted Medicare.

Even with disclosure rules in place, it is sometimes hard for plan sponsors to discern the fairness of the fee structures in their retirement plans.

To improve employees’ long-term finances, encourage plan sponsors to look past typical 401(k) metrics and concentrate on a comprehensive approach to financial services.

To help improve employees’ financial prospects post-work, plan sponsors should look beyond the typical metrics of 401(k) contribution and participation rates and concentrate instead on a comprehensive financial wellness approach.

The DOL’s April 2017 deadline means employers should start familiarizing themselves now with their responsibilities under the new regulations.

The DOL’s April 2017 deadline means employers should start familiarizing themselves now with their responsibilities under the new regulations.

Nearly half of U.S. workers have no retirement savings, so plan sponsors should embrace auto-enrollment and online education and advice, says adviser Robert Lawton.

Consumer prices may be relatively stable overall, but healthcare costs for people 65 and over are rising rapidly.

For workers looking at life post-career, steady income is more important than return on investment.

Employers looking to minimize DB program risks should consider market-return cash balance plans, according to October Three Consulting’s Larry Sher.

DC plan sponsors should be thinking about where they are going to find alpha, says BlackRock's Anne Ackerley.

Traditional group coverage is dropping as employers help workers find other options, including private exchanges.

Employers looking to minimize DB program risks should consider market-return cash balance plans, according to October Three Consulting’s Larry Sher.