Why the 401(k) Industry Must Adapt to Phased Retirement
Defined contribution plans have evolved, but the industry still isn’t fully aligned with how today’s workforce approaches retirement. As employees live longer and seek more...
AI
Six Questions Employers Often Ask Before Making Retirement Plan Changes
When employers start thinking about updating their retirement plan, the conversation often begins the same way: a mix of curiosity, uncertainty, and a genuine desire...
Vestwell’s $385M Raise Signals a New Phase for Defined Contribution Plans
Vestwell’s $385 million funding round signals accelerating momentum to modernize the defined contribution market. The firm plans to acquire 27,000 Guideline plans, expand AI capabilities,...
AI Tools Are Coming to Retirement Plans And Fiduciary Oversight Can’t Wait
Artificial intelligence is making its way into retirement plans, and plan fiduciaries can’t afford to sit on the sidelines. As recordkeepers and advisory firms roll...
The Illusion of 401(k)s — And What Comes Next
Defined contribution plans like 401(k)s and 403(b)s may appear to be fixed retirement vehicles, but in reality they are constantly shifting collections of individual accounts. ...
Why Many Small 401(k) Plans Still Resist Auto Features — and How Advisors Can Help
Despite growing awareness of the benefits of automatic features like auto-enrollment and auto-escalation, many smaller 401(k) and 403(b) plans still trail larger ones in adopting...
Empowering Plan Sponsors to Modernize Retirement Plans
Modernizing a 401(k) plan by adopting features like automatic enrollment, auto-escalation, and financial wellness tools can feel daunting for many plan sponsors, who often fear...
Will Wealth Advisors Start Managing More 401(k) Plans?
More 401(k) plans are being created because of state rules and tax incentives, but most wealth advisors aren’t rushing to get involved. They usually focus...
Who Should Help 401(k) Participants: Advisors or Record Keepers?
As the retirement industry shifts focus from just saving to helping people use their 401(k) money wisely, a big question has come up:Who’s best suited...
The Coming of Age for Defined Contribution Plans
The 401(k) Industry Is Growing Up—Fast. With $12.5 trillion in assets, 100 million+ accounts, and 800,000 plans, 401(k) and 403(b) plans have officially moved from...
