Retirees aren't the only ones who benefit from receiving a defined-benefit pension; the plans help curtail government spending.
Sen. Tom Harkin, D-Iowa, on Friday proposed a way to bolster retirement savings at work, plus a series of improvements to Social Security.
Advisers warn that plan sponsors could stop offering self-directed accounts over concerns that they will have more fiduciary responsibility for investments.
Allegedly raked in big commissions by selling policies that greatly exaggerated applicants' net worth; faces 30 years in prison, forfeiture of Escalade
DOL said to be investigating JPMorgan stable-value fund; 'Who is looking under the hood?'
Now that a new federal rule took effect requiring plan providers to disclose certain 401(k) fees, sponsors have until the end of next month to pass the word to participants
Some 40% of new flows are going in Guidance Portfolios, a packaged strategy; 'counter-correlated sleeve'