After the Republican-controlled Florida legislature voted in June 2000 to introduce a defined contribution plan for the state’s 660,000 workers, surveys suggested that about half of them would shift ...

Roughly 73 percent of employees who work at hospitals and health systems participate in a 403(b) defined contribution plan — the highest level of plan participation at healthcare organizations in the ...

A Trump Administration Executive Order on investments in private equity, real estate, and digital assets in defined contribution plans President Trump has issued an Executive Order ("Order") to enable ...

What are the responsibilities of the Retirement Plan Committee? The Defined Contribution Retirement Plan Committee assists with guidance and oversight of the investment options offered through ...

There have been recent developments from both the Internal Revenue Service (“IRS”) and the Department of Labor (“DOL”) and pending court cases about how plan forfeitures under defined contribution ...

For years, industry experts have been predicting a wholesale shift away from defined benefit health insurance plans to defined contribution. The reality, however, has been more complicated and nuanced ...

New Research Representing Defined Contribution and Retirement Viewpoints from 32 of the Nation's Leading Consulting and Advisory Firms Addresses Retirement Trends and Key Investment Themes BALTIMORE, ...

American employees can contribute up to $23,000 to their 401(k) plans starting in 2024, up from $22,500 in 2023, the IRS announced Nov. 1. The contribution limit of $23,000 also applies to 403(b) ...

The IRC permits two types of tax qualified plans: defined contribution plans, and defined benefit plans. A defined contribution plan is characterized by two elements: 1) each participant has an ...

The Institute for Fiscal Studies' report revealed more than four in ten of those in their 50s and early 60s with defined contribution pension pots had "no idea how to access their savings". The IFS ...

A majority of corporate defined contribution plans expect to boost real asset allocations in the next two years, according to a global survey released by Aviva Investors on Jan. 29. As defined ...

The government must prioritise raising the default minimum level of contributions to defined contribution pension schemes, according to retail investment firm Tillit. The company is the latest to ...