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Funding levels burst into bloom like a rose in the warm sun. “Supported by this month’s asset recovery and decrease in liability value, U.S. corporate plans remain fully funded," said Wilshire ...
Daniel Aronowitz, President Trump’s nominee to lead the Employee Benefits Security Administration (EBSA), pledged that if confirmed by the Senate he will work every day to “unleash and unlock the ...
In its recently released final report on improving qualified default investment alternatives, the ERISA Advisory Council (EAC) recommended that the Department of Labor (DOL) should issue guidance on ...
An increasing number of states are not content to limit education concerning retirement readiness to only people who can vote — which will help lay the groundwork for those who are young now to ...
Access to a DC plan was highest in three categories: (1) information-related occupations (91%); (2) financial activities (89%); and manufacturing (83%). It was below 70% in only two: construction (68% ...
Ready for some good news on the retirement savings front? Fidelity Investments’ latest release, covering the first quarter of 2025, reports that the total 401 (k) savings rate increased to a record 14 ...
EBSA casts its part in the new opinion letter program as part of a broader effort. The compliance assistance it provides through advisory opinions and information letters, it says, are “a vital part” ...
At her confirmation hearing before the Senate Finance Committee on June 3, Janet Dhillon — nominated by President Trump on March 10 to be the new Director of the Pension Benefit Guaranty Corporation ...
“After ten years of underperformance, a loyal and prudent fiduciary would have removed the fund from the Plans,” the suit asserts. “But instead, the TIAA Defendants kept the fund in the Plans, and the ...
The survey found that, in general, employees tend to favor receiving financial education in a “personalized and private setting.” The majority prefer one-on-one sessions with a financial professional, ...
Social Security remains a staple of retirement expectations and security, challenges or no. An industry expert recently offered ideas concerning ways to optimize the benefits of the enduring mainstay ...
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