It’s a pooled risk (or target pension) plan in the U.K. where both the employer and employee contribute Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a ...

Fifteen years ago, I purchased a 1969 Flying Scot sailboat. It’s a 19-foot daysailer. I was the fourth or fifth owner. While I didn’t know much about its original design specifications, it sailed ...

One of the most basic duties of a defined contribution plan sponsor is to ensure that that there is no delay and participants’ salary deferral elections are correctly and timely deposited into the ...

Back when defined contribution plans first became popular in the mid-1980s, it was very common for quarterly statements to be distributed at worksites rather than mailed home. When statements were ...

State and local government employees can invest more in their 457 plans in 2025 than in 2024. Similar to the better-known 401(k) plan in the private sector, the 457 plan (sometimes called a "457(b) ...

Many successful business owners and professionals begin their high-earning years belatedly because of lengthy educational requirements and initial careers as employees. Financial planning for this ...

Many defined contribution plans are designed to permit participants to take advantage of an increased employee contribution limit starting the year they turn 50.[1] In 2022, SECURE Act 2.0 made two ...

One of the key goals of Secure 2.0 was to make it easier for people to contribute to company retirement plans, especially if the company doesn’t already field one. The possibility of people, ...

The recently proposed Retirement Simplicity and Clarity Act would expand in-service rollovers to include annuities. In-service rollovers currently provide active employees with the ability to move ...