Guaranteed Income

Corporate pension plans showed a slight drop in funding in 2016, but there was some good news as well — at least if the 100 largest corporate plans Milliman studies are any indication.Funding RatiosThe 2017 Milliman Corporate Funding Study, which looks at the 100 U.S. public companies with the... READ MORE

These days there’s little controversy about the wisdom of using behavioral finance to help workers start saving — but what about when they change jobs?While “leakage” — loosely defined as a pre-retirement withdrawal of retirement savings — is widely disparaged as undermining retirement security,... READ MORE

“Life is complicated and has many moving pieces. One can’t look at retirement in a vacuum,” American Academy of Actuaries Senior Pension Fellow Ted Goldman says of the effort to address and foster employees’ financial wellness.Goldman spoke at an April 5 session of the Enrolled Actuaries meeting in... READ MORE

A new survey offers some compelling insights about Millennial savers.Millennials are already the largest workforce demographic, or course – and they haven’t all gotten to the workplace yet. A new JPMorgan survey provides three critical findings from their research on the attitudes toward saving and... READ MORE

With health care reform off the table (at least for the moment), Congress will now turn to… tax reform.Over the weekend, House Ways & Means Committee Chairman Kevin Brady (R-Texas) said he aims to move a tax reform bill through his committee this spring. According to Reuters, Brady said he... READ MORE

The future is an uncertain thing, and planning for uncertainty inevitably involves making some assumptions.Here are six that, done improperly, can wreck your retirement.How Long You’ll LiveThe good news we are living longer – but that means that retirements can last longer, and medical costs can... READ MORE

Drains on retirement income abound. That’s natural in the course of daily life. But one of them — long-term disability — is largely unheralded, despite its being less than rare, argues a recent analysis.In “Addressing the Risk of Long-Term Disability on Retirement Income,” an article appearing in... READ MORE

Study after study shows that when given the opportunity to save in a workplace retirement plan, Americans do just that — but reports of a new study claim that only a third are saving money in an employer-sponsored or tax-deferred retirement account.That study — more precisely a draft of a study... READ MORE

Though a recent survey suggests that while most workers expect their retirement plan returns will continue to match past experience, they could be well off the mark.BlackRock reports that new consensus forecasts by Horizon Actuarial — based on a survey of 35 financial industry firms (including... READ MORE