About National Retirement Security Week National Retirement Security Week is a national effort to raise public awareness about the importance of saving for retirement. National Retirement Security Week is held every year during the third week of October (it is...

I had the distinct pleasure to once again participate in the IFEBP annual conference. This event had me traveling to New Orleans where it was incredibly warm and humid. There were times during the trip that had me feeling as...

OUCH! 2018 is certainly not the year to be global in one's asset allocation, but I certainly have been, and I suspect that many DB plans and DC participants are, too. As the chart above reflects (as of Friday, October...

As a lifelong resident of NJ, who appreciates the Garden State for more than its proximity to NYC, I don't appreciate, but I can understand, the chart below that highlights NJ's out-migration issue. We aren't alone, but misery doesn't like...

Here is an update from the Pension Benefit Guarantee Corporation (PBGC) on the indexing of benefits. Guarantee Limit: On October 22, 2018, PBGC announced that, as a result of the indexing rules provided in ERISA, the guarantee limits for single-employer...

I haven't seen anything in the business pages today referencing October 19, 1987. Have we all forgotten the devastation wrought that day? I was working just off Wall Street at the time at 26 Broadway. As you may recall, on...

The co-creator of the 401(k), Ted Benna, is raising an issue that I've been wondering about for years. Mr. Benna has published a book that’s part history book, part how-to manual, for plan participants. It covers a wide range of...

As anyone who reads our blog knows, we believe that the only "true" retirement program is the defined benefit plan. However, given that most of the private sector no longer have access to this benefit, improving defined contribution plans so...

Only three (Senator Hatch is retiring) of the sixteen members on Congress's Joint Select Committee on Solvency of Multiemployer Pension Plans are NOT up for reelection this year. Interestingly, all three are Republican Senators. Isn't that convenient that this group...

The Congressional Budget Office ( CBO ) is a federal agency within the legislative branch of the U.S. government that provides budget and economic information to Congress. The CBO was created as a nonpartisan agency by the "Congressional Budget and...