A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and Roth. Here’s how they work.
What are the responsibilities of the Retirement Plan Committee? The Defined Contribution Retirement Plan Committee assists with guidance and oversight of the investment options offered through ...
One-quarter of defined contribution plan advisers are now likely to recommend alternative investments within defined contribution plan lineups, according to a report from Escalent. One-quarter of ...
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How Defined Benefit Plans Work
A defined benefit plan is a retirement option where the benefits paid on retirement are calculated using a fixed formula. The formula is typically based on the employee’s salary history and the number ...
The $895 billion of retirement assets in the nation’s largest defined contribution plan is off limits to private market investments—for now. Private market investments may soon take a greater stake in ...
As you may recall, in addition to the numerous states Ice Miller represents for employee benefit matters, we also represent the Miller United Pension System in the fifty-first state of Iceville. The ...
Assets have been flowing out of defined contribution plans at a vigorous pace in recent years with no moderation in sight, according to Morningstar. “Growth of assets in the DC system is hindered by ...
We are entering the home stretch of a memorable year. While benefits litigation may not be the first thing that comes to mind, it has been a very busy year for ERISA class actions, particularly for ...
When investors are considering their workplace retirement plans in relation to their other accounts, it’s essential that they ask two fundamental questions: How much does it cost, and how good are the ...
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