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Many countries consistently receive high rankings for their retirement systems, but does that mean they also have the happiest participants? A new report delves deeper into the drivers of happiness in the context of retirement and finds that that’s not necessarily the case.
State Street Global...
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The Pension Benefit Guaranty Corporation (PBGC) has set flat-rate and variable rate premiums for 2019.
Flat-Rate Premiums
The per-participant flat-rate premium for plan years beginning in 2019 is $80 for single-employer plans (up from the $74 2018 rate and the $69 2017 rate) and $29 for...
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Rep. Richie Neal (D-MA), the ranking Democrat on the House Ways & Means Committee, and the man in line to become chairman of that powerful committee, has cited three priorities on which he even thinks he might align with President Trump, and two of them — shoring up retirement savings and...
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As employers increasingly determine that financial wellness programs can help improve employee productivity and reduce financial stress, it would seem that such programs are no longer in their pilot program days.
The findings of NEPC’s Defined Contribution Financial Wellness Survey reveal that...
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The California Secure Choice Retirement Savings Investment Board has announced that it is proposing the adoption of emergency regulations to implement, interpret and make specific the rules, policies and procedures dictating the operation of the California Secure Choice (CalSavers) Retirement...
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Preparing and paying for retirement is a key factor behind employers providing financial employees with financial education, and in motivating those employees to take advantage of it, says a recent study.
In “Financial Education for Today’s Workforce,” the International Foundation of Employee...
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While workers are now more secure in their retirement preparations than before the Great Recession, they still face a number of shortcomings, says a new report.
The Transamerica Center for Retirement Studies report, “A Retirement Security Retrospective: 2007 Versus 2017” illustrates the resilience...
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Pension indicators showed improvement last month, according to Hartland. The consulting firm found that pension liabilities are down and employer contributions increased during September.
Hartland’s Grant Guyuron reports that pension liabilities fell 1.1%-1.7%, according to the FTSE Pension...
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In what has traditionally been a bad month for stocks, the average 401(k) balance continued to gain ground in September.
According to estimates from the nonpartisan Employee Benefit Research Institute (EBRI) based on the actual contribution records and investment choices of several million...
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Nearly one-third of Americans do not have an accurate handle on the state of their own finances, thinking they are either better or worse off than they actually are, according to a new study.
Prudential’s first ever Financial Wellness Census, which surveyed more than 3,000 U.S. adults, explores...
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