Retirement policy continues to evolve as lawmakers work to address growing concerns about retirement readiness, access to workplace plans, and long-term financial security for aging Americans.
Retirement Plans
3 Did You Knows
did you know that more than 4.1 million Americans are turning 65 every year through 2027…
Four Generations, One Retirement System: Demographics & Plan Design
Today’s workforce primarily spans four generations: Baby Boomers, Generation X, Millennials, and Generation Z, all relying on the same retirement system despite differing financial experiences and priorities.
Important Compliance Deadlines – Spring 2026
Deadline for corrective distributions to participants of excess deferral amounts under Internal Revenue Code Section 402(g).
Key RMD Rules Every Retirement Plan Sponsor Should Know
Required Minimum Distributions (RMDs) are an important compliance responsibility for employers that sponsor retirement plans such as 401(k) plans.
Retirement Plans and the 2024 Election: What You Need to Know
As the 2024 election approaches, market volatility is expected to rise due to uncertainty around potential policy changes. Short-term fluctuations in the stock and bond markets could lead retirement plan participants to pause savings or shift to more conservative...
Rethinking Retirement: A Generational View
Retirement expectations vary across generations, shaped by unique experiences and economic conditions: Baby Boomers (1946–1964): View retirement as a reward after hard work, often seeking financial security and leisure, with some benefiting from company pensions....
Legislative Update: Expanding Retirement Plan Access for Younger Workers
A new bipartisan bill, the Helping Young Americans Save for Retirement Act (H.R. 9281), was introduced in the House of Representatives on August 2, 2024. Sponsored by Rep. Brittany Pettersen (D-CO) and Rep. Tim Walberg (R-MI), this legislation aims to lower the...
The CARES ACT Update
2020 has been a difficult year with many unexpected challenges. For companies that sponsor retirement plans, some of these challenges came in the form of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. While the CARES Act provided much needed relief to...