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.
There’s no set structure, and companies aren’t required to match employee 401(k) contributions; for those that do, formulas vary.
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.