Most Would Switch Jobs for a Better Retirement Plan
American workers have adjusted their visions of retirement, recognizing they will need to work longer. And most said they would switch jobs for improved retirement benefits.
Social Security Statements Now Online
Knowing their expected retirement income can help employees determine if they are saving enough through their employer-provided plan.
Retiring Couples Will Need $240,000 for Medical Expenses
For many Americans, health care is likely to be their largest expense in retirement.
Funding Decisions Loom for Pension Plan Sponsors
A transportation bill amendment passed by the Senate contains a provision that would set a floor and a ceiling on the interest rates used to calculate the funding target and annual contributions for defined benefit pension plans.
Challenging Retirement Realities for Women
Many women—regardless of their age or life stage—must do more to save for their retirement, research findings suggest.
Most Workers Do Not Review 401(k) Materials
Relatively few 401(k) participants have the desire to manage their workplace savings plan. Automation may be more effective in increasing participation and savings deferral rates.
Nearly $37 Million Awarded in ERISA Case
Retirement plan participants at ABB Inc. persuaded the U.S. District Court for the Western District of Missouri to award nearly $37 million for breaches of the Employee Retirement Income Security Act’s (ERISA) fiduciary duties.
DOL Issues Additional Fee Disclosure Guidance
On May 7, the Department of Labor (DOL) issued FAQs on its fee disclosure regulations, addressing issues including revenue-sharing arrangements and brokerage windows.
Reviewing Retirement Plans
A segment of Focus on HR, SHRM's video news program, looks at how employers can determine whether their retirement plans meet their employees' needs.