Defined Contribution (DC) Plans

Everything Plan Sponsors Need to Know About SECURE Act 2.0

On March 29, 2022, the House of Representatives passed the Securing a Strong Retirement Act of 2022 (HR 2954), otherwise known as SECURE Act 2.0, by a vote of 414-5…. Read more >

The Multiemployer Retirement Plan Landscape: 10 DC Plan Takeaways

According to The Multiemployer Retirement Plan Landscape: A 15-Year Look (2004-2018), the average defined contribution (DC) plan account balance increased from increased from $18,300 at the end of 2004 to… Read more >

Transitioning from DB to DC: What You Need to Know

In my years compiling benchmarking data for the International Foundation, one of the most notable trends has been the decreasing prevalence of employer-sponsored defined benefit (DB) pension plans. In the… Read more >

DOL Guidance on Lost Retirement Plan Participants

DOL Guidance on Lost Retirement Plan Participants

The issue of what to do about lost or missing participants is a frustrating one for plan sponsors. These participants often have terminated participation in a plan because they took… Read more >

SECURE Act Guidance: What DC Plan Sponsors Need to Know

SECURE Act Guidance: What DC Plan Sponsors Need to Know

Federal agencies, including the Internal Revenue Service (IRS) and Department of Labor (DOL), have been busy issuing guidance on some of the more complex provisions of the Setting Every Community… Read more >

New Report: Impact of COVID-19 on Pensions and Benefits in Canada

New Report: Impact of COVID-19 on Pensions and Benefits in Canada

The COVID-19 pandemic has had significant implications for workplaces across the world, and employers and workers have needed to make difficult decisions regarding retirement, health and paid leave benefits. A new… Read more >

Five Critical Retirement Planning Decisions You Need to Consider Today

Five Critical Retirement Planning Decisions You Need to Consider Today

Retirement planning is an important exercise for everyone. And when you have only a modest retirement nest egg, there is little room for error when planning for how to make… Read more >

The State of Defined Contribution Retirement Plans in 2021

The State of Defined Contribution Retirement Plans in 2021

The number of organizations offering defined contribution (DC) retirement plans has increased over the past two years, making them the primary retirement vehicle for an increasing share of the U.S…. Read more >

Employee Benefits and COVID-19: Changing the Future of Benefits Today

Employee Benefits and COVID-19: Changing the Future of Benefits Today

The COVID-19 pandemic is likely to bring long-lasting changes to life in the United States, and those changes will be reflected in employee benefits. How COVID-19 could affect health, retirement… Read more >