The effect of the Windfall Elimination Provision on Social Security beneficiaries is most pronounced in northeastern, central, and western states, reports the Congressional Research Service.
Optional provisions of SECURE 2.0 are proving popular among nonprofit organizations, which are expanding eligibility to participate in their 403(b) plans, adding automatic enrollment to provide ...
As background, a lame-duck [1] session is the period after an election when the current Congress returns to wrap up any unfinished business before the start of the next session of Congress. The ...
October was bountiful for private-sector pension plans, with analysts showing gains and improved funded status.
Retirement Savings for Americans Act (RSAA) sponsors claim that it would help low- and middle-income Americans save for retirement, but a comprehensive new study finds that it would likely lead to ...
Student loan matching and in-plan emergency savings — sometimes called pension-linked emergency savings accounts (PLESA) or side-car accounts — are among the most popular SECURE 2.0 features, reports ...
John Hancock Retirement is out with its highly anticipated Financial Resilience and Longevity Report, now in its 10th year. It contains good news for most retirement savers, but some generations lag.
How much money they will need to retire comfortably and whether they could outlive their savings were the top responses among Baby Boomers who were asked to select their top three “burning questions.” ...