DEFINED CONTRIBUTION
At the end of 2021, IRAs held $13.9 trillion in assets, making them the largest segment of the retirement market, according to Cerulli.
In their battle for talent, employers are beefing up the non-qualified deferred compensation plans they offer their high-level executives.
Microsoft is laying off 10,000 workers and said eligible employees in the U.S. will receive a variety of benefits, including above-market severance.
BlackRock is taking a minority stake in robo 401(k) plan provider Human Interest.
Crypto ranks as the least preferred retirement savings option for 401(k) plan participants, according to Ubiquity Retirement + Savings.
An Alight Solutions survey of 401(k) participants showed stable value and money market funds had biggest percentage of trading inflows.
The U.K. Pensions Regulator urged trustees of defined contribution plans to support participants whose investments have declined due to volatility.
While still in the thick of COVID-19, 401(k) participants contributed an average of 8.3% to their workplace plans in 2021 vs. 8% in 2020.
Retiring this month as EBRI's president and CEO, Lori Lucas talks about successes and future challenges for the retirement industry.
Turmoil in the crypto industry will not automatically deter fintech 401(k) plan providers from offering cryptocurrency in their plans.
