Lynn Varacalli Cavanaugh

The Institutional Retirement Income Council has released a new paper that recommends plan sponsors provide retirement income projections to plan participants, calling it an important element of retirement preparedness.

Thirty percent of employees have tapped into their 401(k)s to cover an emergency expense, which is why employers and emergency savings funds can help address financial needs, says a new Inspira survey.

The top areas of interest for employer help are "knowing how much to save to meet my goals" (77%), "how to make the most of 401(k)" (76%) and "knowing how much insurance to have" (76%), according to a new report.

Many common plan design formulas, including safe harbor designs, disproportionately benefit higher-income employees, which is why thoughtful plan design can improve outcomes, according to a new survey.

After top drugmakers unsuccessfully tried to squash the program, HHS has finally reached agreements with Merck, Novartis and others to lower prices for the first 10 drugs included in the Medicare Drug Price Negotiation Program.

The federal government would make annual contributions to the retirement savings accounts, while low-income workers give up the tax breaks they receive for investing in 401(k) accounts, in a new Penn Wharton plan.

Employees may want to retire at age 65, but expect to do so nearly a decade later because of increasing living expenses and a lack of guaranteed income for retirement, say 47% of Americans in a new Equitable survey.

Recently, numerous class action 401(k) lawsuits have been filed by participants over misuse of forfeited assets from former employees, including Bank of America, Wells Fargo and Nordstrom.

Employers' top priority in 2024 is to manage health plan costs, according to Aon's 2024 U.S. Health Survey.

After President Joe Biden filed an emergency appeal earlier this month, asking the Supreme Court to reinstate his sweeping Saving on a Valuable Education…