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.
Re-enrollment in a 401(k) is a popular employer approach that puts workers on the right investment track and offers protections for plan sponsors.
Advocates say the best place to address these issues is at the state level, and California is the closest to implementing a state-run plan.