Key Findings: Account Balance Disparities: The analysis reveals significant race and gender disparities in account balances, persisting even after adjusting for salary and tenure. These
According to Mercer’s 2023-2024 Inside Employees’ Minds© study, US employers’ investments in pay, benefits, and flexibility have resulted in employees having more positive attitudes about work
Citibank received a “groundbreaking Advisory Opinion” from the Department of Labor (DOL) regarding its Diverse Asset Manager Program and the ERISA plans it sponsors. More
As defined contribution retirement plans become the dominant retirement savings vehicle for American workers, policymakers and plan fiduciaries must embrace necessary changes to make these
A remarkable $1.96T in retirement savings can be preserved if employers automatically enroll employees in 401(k) loan protection.
The first half of this year has been defined by the coronavirus and our collective response to it. Its impact has been felt in ways
The COVID-19 pandemic has exposed many financial vulnerabilities, both for companies and employees, and it has highlighted how company-sponsored retirement savings plans are sometimes used
Employers should consider near- and long-term issues before implementing CARES Act provisions, as discussed in a recent PLANSPONSOR article by Bradford Campbell
COVID-19 is causing an extraordinary and unprecedented economic disruption. Effectively mitigating both short- and long-term impacts requires decisive action.
Retirement plan fiduciaries play an important role in the administration of defined contribution (DC) retirement plans.
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