Proponents say the strategy simplifies the choices and keeps plan participants focused on what the investment does and not who manages it.
Babay boomers are staying on the job longer, but is that necessarily a bad thing? Employers are slowly prepping for the new age of phased retirement.
Cash balance plans have existed for years, but recent IRS rulings lends an air of confidence in them.
Recent federal guidance will make target-date fund annuity plans more amenable to plan sponsors.
A Fidelity Investments study shows more participants are borrowing larger amounts from their 401(k) plans.
Plan sponsors are getting a lot of conflicting information.
Not everyone has a 401(k) at work, but that is irrelevant. Retirement safeguards are in place for workers, and besides, anyone can open an IRA either at a bank or online.