Over 85 percent of all U.S. employees that are eligible for their company's defined contribution plan actually participate, and over 50 percent of all U.S. employees are eligible for such plans, according to a recent study by the Profit Sharing/401(k) Council of America.
The council had estimated 1998 participation by eligible employees at 80 percent. Participation in 1988 was 57 percent, the group had found.
The insurance products began 2024 in much the same way as 2022 and 2023: with record-breaking sales.
Are clients' savings working for them? How to best guide them on the pros and cons of Roth IRAs and other savings programs.
Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.
The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.
The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
