Blackstone is making a significant move into the defined-contribution retirement market, launching a new business unit dedicated to expanding access to private assets such as private equity and ...
A defined contribution plan is one of two types of retirement plans covered by the Employee Retirement Income Security Act. The other type is a defined benefit plan. In order to understand either, ...
Workers broadly expect their defined contribution retirement plans, such as 401(k)s, to be their primary source of cash when they retire. However, many workers maintain a high level of anxiety about ...
Dallas Salisbury is chief executive of the Employee Benefit Research Institute, a Washington, D.C.-based think tank on employee benefits issues. He has been with the institute since its founding in ...
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 ...
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 ...
Only 14% of participants max out their defined contribution retirement plans (such as 401(k)s), a Vanguard study shows.
Only two in five defined contribution savers believe they will have sufficient savings to cover the cost of their basic needs in retirement, TPT Retirement Solutions has found.
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 ...
The White House has now officially supported giving access in 401(k) retirement plans to “alternative investments” like private equity, private credit, crypto, commodities, real estate and hedge funds ...
A Trump Administration Executive Order on investments in private equity, real estate, and digital assets in defined contribution plans President Trump has issued an Executive Order ("Order") to enable ...