Older workers may think that a lack of retirement funding can be overcome by working longer, but that option isn't always available to the employee. Paula Aven Gladych recently reported in Employee Benefit Adviser on a recent study conducted by...

In an article on CNBC's website, it was reported that Americans are increasingly optimistic about their financial future. This information is based on a separate report by Allianz Life, with nearly three-quarters of boomers saying that they feel financially prepared...

A study from Pew Charitable Trusts points out that the average OPEB (other post-employment benefits) plan in the U.S. today is only 6.7% funded, and the total liability is approaching $700 billion. Shockingly, assets set-aside to meet this promise total...

Missouri State Treasurer, Eric Schmitt, shared his concerns regarding the Missouri State Employees Retirement System (MOSERS) with the News Tribune. He fears that the system is in much deeper trouble than what is being reported. He lays the system's troubles...

On March 24, 2017, I penned a blog post titled, "And Then There Are The Student Loans". Here are the last two paragraphs from that post - "The significant increase in the cost of education and the greater use of...

Regrettably, defined benefit (DB) plans are being frozen and/or terminated at an alarming rate. Why? Could it be that the plan sponsor and asset consulting community has been focused on the wrong objective? For both public and multi-employer plans, sponsors...

A recent WSJ article highlighted findings from a Gallup survey indicating that a majority of people hope to work later in life. Here’s the reality. In fact, the average retirement age is 61, with only 4% of seniors working until...

President Trump and Republicans are trying to make tax reform a priority, but few details have emerged at this point. Complicating the conversation is a desire to make any tax reform revenue neutral. There have been a few ideas on...

We are pleased to share with you the latest article in the KCS Fireside Chat series. In this article, Dave Murray, DC practice Leader, discusses financial wellness and other trends in the DC landscape. We are confident that you will...

In a newly released WSJ/NBC news poll, only 13% of Americans expect to retire before age 60, down 10 points since 1999. At the same time, 28% of workers now expect to retire beyond age 70, if at all, which...