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Wilshire, which collects data on U.S. pensions sponsored by employers in the S&P 500, showed the strongest amount of growth. They said in their analysis that the funded ratio of those plans grew by ...
Turning to participation rates, Vanguard notes that it has two measures, with the most common being the average rate among a group of plans (referred to as the plan-weighted participation rate). In ...
Massachusetts Secure Choice is closer to becoming more than a proposal. Both houses of the Bay State’s legislature on June 30 voted in favor of a measure that includes a provision that would create ...
Both the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) were repealed by the Social Security Fairness Act. This affected Social Security’s costs at a time when the ...
Social Security’s 90th birthday is this year, Walker notes, and remains the “cornerstone of economic security in the United States” and “the backbone of economic security” in our country. Despite that ...
Elevate your expertise in managing and selling defined contribution retirement plans with ASPPA’s Qualified 401(k) Specialist (QKS) credential program. Designed for client-facing professionals, the ...
Participant education is an ongoing concern for plan sponsors – including how one can cut through the clutter and engage employees, even for a few minutes, with understanding about their benefits and ...
Earn the Qualified 401 (k) Administrator (QKA) credential from ASPPA to master the essential skills needed for effective 401 (k) plan administration. Launched in January 2020, the QKA program offers ...
Participant education is an ongoing concern for plan sponsors – including how one can cut through the clutter and engage employees, even for a few minutes, with understanding about their benefits and ...
Not long ago, I picked up a book that states “why (almost) everything you know about the US retirement system is wrong” — and it’s definitely worth a read. The book — entitled The Real Retirement ...
The Qualified Pension Administrator (QPA) credential is designed for retirement plan professionals involved in the technical management of defined benefit (DB) plans. Gain expertise in determining ...
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