Few people refer to their 401(k) as a “defined contribution plan.” In fact, many people appear to perceive a 401(k) or for that matter a 403(b) plan as an “investment plan.” Many employers view their ...

FOR INVESTMENT MANAGERS THE FAST-GROWING POTS of money in defined contribution plans have been like honey -- a steady flow of sticky funds with sweet margins. Total assets stand today at more than $4 ...

After the Republican-controlled Florida legislature voted in June 2000 to introduce a defined contribution plan for the state’s 660,000 workers, surveys suggested that about half of them would shift ...

A defined benefit plan is funded and managed by an employer. A defined contribution plan is managed and funded by employees and boosted by employer contributions. Many or all of the products on this ...

On Dec. 6, the U.S. Supreme Court hosted the oral arguments for a defined-contribution case, Hughes v. Northwestern University. The court previously has adjudicated other defined-contribution suits, ...

American employees can contribute up to $23,000 to their 401(k) plans starting in 2024, up from $22,500 in 2023, the IRS announced Nov. 1. The contribution limit of $23,000 also applies to 403(b) ...

A growing body of research suggests companies that are diverse--with employees and leaders that represent diversity across genders, races, ethnicities, religions, ages, sexual orientations, and ...

The Institute for Fiscal Studies' report revealed more than four in ten of those in their 50s and early 60s with defined contribution pension pots had "no idea how to access their savings". The IFS ...

The defined contribution concept isn’t widely used in the enhanced benefits space (also known known as “voluntary”). But when communicated properly, it’s a powerful and innovative tool that brokers ...

A majority of corporate defined contribution plans expect to boost real asset allocations in the next two years, according to a global survey released by Aviva Investors on Jan. 29. As defined ...