A substantial number of retirees are managing withdrawals from their retirement savings without a structured plan, says a new survey. In fact, the survey by Pittsburgh-based IRA recordkeeping and ...

The PBGC says that it is taking responsibility for the plan because St. Joseph Health Services has ceased operations and is liquidating. It adds that the plan has been unable to fund the minimum ...

Kodak will begin selling illiquid assets in the Kodak Retirement Income Plan (KRIP) and has instructed its pension committee to “take actions appropriate to position KRIP for a potential termination.” ...

The Department of Labor (DOL) might soon release long-awaited changes to the Voluntary Fiduciary Correction Program (VFCP) that should help plan sponsors and providers. The Department of Labor (DOL) ...

Specifically, the study found that opting out of automatic enrollment and escalation; the propensity to save absent automatic features; and losing unvested employer contributions and cashing out an ...

Be creative. Hoying remarked at the session offering tips and strategies that models are emerging regarding how different services affect different industries; McKay, at the best practices session ...

Participants. Panelists evinced a belief that the ability to have income during retirement is a good thing for participants. “It’s in the best interest of participants,” said Faustino. Sclafani ...

Retirees started claiming Social Security before their full retirement age. Retirees currently receiving Social Security started at age 63 (median) which translates to a lower monthly benefit than if ...

There is still time to make contributions for 2024 to retirement plan accounts—but not much, the IRS reminds. In IR-2024-298, the IRS has provided a reminder about deadlines for making contributions ...