According to MetLife’s latest research, nearly all workers and retirees (95%) say it’s important for retirees to have a source of guaranteed income they cannot outlive.Read More

The Coronavirus Aid, Relief and Economic Security (CARES) Act suspended required minimum distributions (RMDs) due to be made in 2020 for many retirement plans and all individual retirement accounts (IRAs).Read More

As many companies work to regain their financial footing in the midst of continuing economic uncertainty caused by the coronavirus pandemic, a retiring worker’s decision to take either a lump sum or lifetime payments from their pension could boil down to one factor: whether they think the employer will be able to meet its long-term...Read More

We have been following the devastating effects of the current COVID-19 crisis, and while the human cost is far more important, there is also an economic component that is affecting everyone. Many individuals have lost their jobs, businesses are on the brink of economic collapse, and our healthcare system is being stretched to its limits.  We hope that everyone...Read More

The defined contribution industry is celebrating major legislation, the SECURE Act, that passed Congress in December 2019, moving the needle forward on retirement security for employees.Read More

In the past decade, quite a bit has changed. First, since the last recession, the country has seen a shift from employer-based retirement offerings, such as pensions, toward a more do-it-yourself approach.Read More

The SECURE Act provided a gateway to get annuities into 401(k)s, and many plans could begin to incorporate those insurance products as soon as this year.Read More

Defined contribution plans will start looking more like pension plans as they borrow concepts such funded ratios and create lineups with real estate, hedge funds and private equity, according to a recent blog post by Russell Investments.Read More

Few adults would go without auto, home, life or health insurance. But the kind of insurance that protects against the risk of running out of money in old age is still greatly underutilized. It's called a deferred income annuity or a longevity annuity.Read More

Congress is considering two bills that would make it easier for plan sponsors to include annuities in their 401(k) plans, according to a Cerulli Associates report.Read More