PLANADVISER - The trusted information and solutions resource for ...
PLANADVISER is the trusted information and solutions resource for America's retirement benefits decision makers. With its powerful array of customer-driven marketing programs, PLANADVISER offers industry providers an unparalleled ability to reach this influential audience.
IRS Notice Clarifies SECURE 2.0 Automatic Enrollment, Tax Credits ...
2023年12月28日 · Section 101 of SECURE 2.0 requires defined contribution plans that are created after the law was enacted on December 29, 2022 to have automatic enrollment and deferral features starting on January 1, 2025. Specifically, plans must enroll participants at contribution levels of between 3% and 10% of salary and escalate by 1 percentage point a ...
Advisory M&A News – 10/7/24 | PLANADVISER
2024年10月7日 · Mercer Global Advisors Inc., a national registered investment adviser, announced the acquisition of the Kiely Wealth Advisory Group of North Carolina. KWAG, with $523 million in assets under management, helps both individuals and organizations plan for their financial futures. The firm’s management team has worked together for more than 20 ...
Managed Accounts, By the Numbers - PLANADVISER
2024年2月1日 · Cerulli Associates, which tracks the account assets managed by the top nine DC providers, shows a market of $434.57 billion, as of the second quarter of 2023. As a comparison, the top 10 target-date funds in DC plans accounted for $1.74 trillion in assets at the end of 2023, according to Simfund, which, like PLANADVISER, is owned by ISS STOXX.
Young Plan Participants Expect to Rely on Personal Retirement …
2024年9月24日 · Additionally, 20% said they would like a guarantee that they will still receive monthly payments, even if their assets run out. “Yes, certainly confidence in Social Security declines with younger generations, leaving most Millennials saying they expect to primarily rely on their personal retirement accounts for income in retirement,” says ...
Passive Products Widen Lead on Active in DC Managed Assets
2024年8月26日 · Passively managed DC mutual funds and collective investment trust long-term assets stood at $2.7 trillion in 2022, the latest data available, as compared with $2.1 trillion for active strategies. That builds on a lead passively managed products took in this set of assets, starting in 2020. The data cited were sourced from Form 5500 filings with ...
The ‘Rothification’ of Retirement Plans: Opportunity and Complexity
2024年6月12日 · In doing so, Congress substantially contributed to the “Rothification” of such plans. Congress also provided advisers and their clients with excellent tax planning opportunities, while also creating plan design, compliance and administration complexities. Congress first introduced the concept of Roth contributions in the Economic Growth and ...
‘Expanding ESOPs’ Coalition Aims to Increase Awareness
2024年9月24日 · Natalie Lin. A coalition of more than 50 major foundations, financial institutions, advisory firms, law firms and advocacy groups launched the Expanding ESOPs initiative on Tuesday, intended to promote wider adoption of employee stock ownership plans. The initiative aims to enhance the current ESOP model and make it both simpler and more ...
Reporting and Disclosure Requirements for Non-ERISA Plans
2014年3月24日 · The checklist also makes mention of special reporting requirements for nonqualified top-hat retirement plans if there are unfunded. The information presented in the checklist reflects reporting and disclosure requirements in effect as of January 1, 2014, according to Prudential. A copy of the compliance checklist for non-ERISA plans can be ...
Consumer Researchers Rank Fidelity, American Funds Among
2023年9月18日 · Corporate Insight found Fidelity, Empower and TIAA led recordkeepers across desktop and mobile offerings in a report issued Thursday; J.D. Power found Capital Group/American Funds, Charles Schwab and Bank of America (including Merrill) ranked highest for digital plan experience in research released Thursday.