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 2011 Employee Benefits Survey, 57% of responding organizations offered a DB pension […]
If you are a regular Talking Benefits podcast listener, you know that retirement security is a topic near and dear to the hearts of those working at the International Foundation. In addition, the Foundation has dedicated significant resources to DEI initiatives: educating […]
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 Up for Retirement Enhancement (SECURE) Act since it was signed into law […]
Provisions in the American Rescue Plan Act (ARPA) have the potential to help many single employer pension plan sponsors weather the economic impacts of the COVID-19 pandemic while providing time to consider how to integrate their business and pension funding strategies, suggests […]
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 those savings last. So what are the most important items for preretirees […]
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. workforce. The International Foundation’s 2020 Employee Benefits Survey showed that 87% of […]
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 and other benefits even after the pandemic is over is discussed in […]
A couple of years ago, I had a conversation with an older relative about claiming Social Security benefits. Like most people, he began getting Social Security at 62. When I said I hoped to wait until I reached 70, he was incredulous. […]
Enhancing the Canada Pension Plan (CPP) is expected to be an issue in October’s federal election, but in the meantime Ontario is moving forward with an effort to create its own Ontario Retirement Pension Plan (ORPP). The Ontario Ministry of Finance released […]
