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Articles by Patty Kujawa

Workers, Employers Fret About Life After Retirement—25 Years Later

July 13, 2011
Longevity is one of the largest factors retirees need to think about when turning 401(k) lump sums into a stream of monthly retirement payments. As the primary educators for accumulating retirement nest eggs, plan sponsors are going to need to adapt educational awareness to help employees understand the concept of making their retirement funds last. How are employers making this shift—from accumulation growth education to education about making money last?
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Explaining the Labor Department's ERISA Regulations

July 1, 2011
On June 1, the Labor Department formally proposed to extend the effective date of this interim final regulation, known as Section 408(b)(2) of the 1974 Employee Retirement Income Security Act, to Jan. 1, 2012, from July 16, 2011. It is expected the rule will become final in late summer or early fall.
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Labor Department Weighs New Definition of Fiduciary

March 31, 2011
For the first time in 35 years, Labor Department officials are exploring whether they should change the definition of ‘fiduciary’. The agency wants to make the change so it can better protect the rights of participants, but the benefits community doesn’t see it that way.
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Young Workers Craving Defined Benefit Plans

March 29, 2011
At a time when defined benefit or pension plans are growing scarcer, they have become a more potent recruiting and retention tool. Clearly, employees still value the security the retirement plans promise, based on the results of a recent Towers Watson & Co. survey.
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