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...
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....
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...
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...