The Institutional Retirement Income Council submitted a letter to the Department of Labor, recommending that lifetime income illustrations and projections be mandated on participant statements. The ...

The agency clears up timing questions in a FAQs document and says it realizes the concerns about timing if its final rule differs from its previously published interim final rule. The Department of ...

There’s a new twist to your quarterly 401(k) statement that may merit an extra look. For the first time, 401(k) statements will feature a lifetime income illustration which shows the monthly income ...

The Department of Labor's Employee Benefits Security Administration soon plans to publish a final rule detailing how plan sponsors should convert participants' account balances into an estimated ...

Your article was successfully shared with the contacts you provided. The Institutional Retirement Income Council, a non-profit think tank, has come out in support of the Department of Labor’s proposed ...

The Department of Labor released an FAQ on Monday in an attempt to clarify further details about its soon-to-be effective interim final rule requiring ERISA-governed defined contribution plans to ...

You probably have money saved up for retirement in a 401(k) plan, but do you have any idea how long that money will last? Or how much it would provide each month in retirement? Probably not — until ...

Industry trade associations applauded a new rule today from the Trump administration requiring retirement plans to provide an illustration of the amount of monthly income that might be generated by an ...