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T. Rowe launces lifetime income product

Everyone is pushing lifetime income options for retirees because the fear is that there will be not...

Automatic Enrollment mandate will lead to a whole host of problems

I was against Automatic Enrollment before I was for it. When it finally became part of the Internal...

Wealth Enhancement Group makes another purchase

Wealth Enhancement Group, a wealth management firm with more than $94.7 billion in client assets,...

Loans and hardships don’t affect deferrals

A research paper from the Wharton Pension Research Council states that 401(k) contributions are “...

Walgreens adds student loan match

Walgreens announced the launch of its Student Loan 401(k) Match Program, a benefit for student loan...

Nvidia settles 401(k) lawsuit

Nvidia Corp. has reached a proposed settlement with former participants of the company’s 401(k) p...

Average balance shows we have a long way to go

For those aged 55-64 the average 401(k) account balance is $244,750. The median account balance is ...

PEP goes to Pot

We have a Pooled Employer Plan (PEP) for so many things, so a Pot PEP seems OK. The North Americ...

Fidelity to clamp down on third party access

Fidelity is clamping down on third-party access to 401(k) plans, which will likely restrict outside...

Voya buys OneAmerica’s 401(k) business

The consolidation of the retirement plan business continues. Voya Financial will acquire OneAmer...