The 10 Mistakes Plan Sponsors Are Still Making
Defined contribution plans have evolved significantly, but one persistent challenge remains: many plan sponsors are still not fully equipped to manage their responsibilities. Despite overseeing...
investment
Health and Wealth Benefits Shouldn’t Be Communicated Separately
Health impacts finances. Finances impact health. It’s not a new insight, but a recent white paper from Milliman, a global actuarial and consulting firm, argues...
One-Size-Fits-All Retirement Education Doesn’t Work
Not every employee walks into a retirement seminar with the same questions. A 24-year-old just starting their career has very different concerns than a 61-year-old...
SECURE 2.0 Self-Certification: Why Easier Hardship Withdrawals Are Driving Plan Leakage
SECURE 2.0’s self-certification rules mark a consequential shift in how hardship withdrawals are accessed, with meaningful implications for plan sponsors. By eliminating the need for...
The 3(21) vs. 3(38) Debate: Why Delegation Doesn’t Mean You’re Off the Hook
The promise sounds appealing: hire a fiduciary advisor, hand over investment decisions, and sleep better at night knowing someone else is handling the heavy lifting. ...
Supreme Court Decision Lowers the Bar for ERISA Lawsuits Against Plan Sponsors
A recent Supreme Court decision has changed the legal landscape for plan sponsors, making it easier for plaintiffs to file lawsuits over how plans do...
Plan Sponsors Turn to CITs for Lower Costs and Flexibility
Collective investment trusts (CITs) have steadily gained traction in retirement plan lineups, and for good reason. A recent article from the International Foundation of Employee...
Rethinking Retirement: From Accumulation to Income
For years, the retirement industry has focused on accumulation—helping participants build their 401(k) balances. But as more Americans retire and live longer, a new challenge...
The Recordkeeping Industry Faces an Existential Moment
The 401(k) recordkeeping industry stands at a pivotal moment. With $12.5 trillion in assets and 121 million accounts, recordkeepers are navigating intense pressure driven by:...
Plan Participants Want Lifetime Income Options But Few Plans Offer Them
Although 93% of 401(k) participants say it’s important for their plans to provide lifetime income options like annuities, most plans still only offer lump sum...
