Retirement

Survey: Employers expect to enhance retirement plans

04/19/2022

Most U.S. employers are eyeing enhancements to their defined contribution retirement plans in an effort to boost their employees’ retirement security and financial well-being, according to a survey by the Willis Towers Watson consulting firm.

Finance training produces better retirement investors

04/04/2022

Employees who participate in financial wellness webinars are more likely to adjust contributions to their 401(k) funds, according to new research by the Employee Benefits Research Institute.

DOL raises penalties for 2022

02/15/2022

The Department of Labor has announced the 2022 inflation adjustments to penalties for violations of the Fair Labor Standards Act, the FMLA and the Employee Retirement Income Security Act.

DOL recovered retirement funds worth $2.4 billion

12/02/2021

The Employee Benefits Security Administration recovered more than $2.4 billion in direct payments to retirement plans, participants and beneficiaries in fiscal year 2021.

Bill would require automatic enrollment in retirement plans

05/25/2021

H.R. 2954—the Securing a Strong Retirement Act of 2021—is designed to encourage more Americans to set aside money to fund their retirements.

Retirement saving balances, contributions rose in 2020

05/04/2021

A booming stock market and higher savings rates pushed average 401(k) account balances to record levels in the fourth quarter of 2020, according to a Fidelity analysis of its investors’ accounts.

Retirement confidence high despite pandemic

04/27/2021

Fully 72% of working people surveyed earlier this year by the Employee Benefit Research Institute say they are optimistic they will live comfortably after they quit working.

DOL guidance addresses retirement plan cybersecurity

04/20/2021

The U.S. Department of Labor has issued new guidance for retirement plan sponsors on best practices for maintaining cybersecurity, including tips on how to protect employees’ retirement benefits.

Pandemic harms women’s retirement readiness

03/09/2021

Women are saving less for retirement than men are, a trend that the coronavirus pandemic has made worse.

Employees want greater benefits security, lower costs

02/02/2021

Roughly half of U.S. employees want more help from their employers to save for retirement, balance their work and life issues and get the most value from their employee benefits, according to new research from the Willis Towers Watson consulting firm.