Guaranteed Income

The Delaware EARNS Program Board is considering cooperation with the state-run retirement plans serving private-sector employees in Maine and Colorado, Elizabeth Bordowitz, Executive Director of the Maine Retirement Investment Trust, has confirmed.  Ted Griffith, Program Director of Delaware EARNS... READ MORE

The IRS has just announced the new contribution and benefit limits for 2024 and—reflecting the moderating inflation readings, the increases are modest. The headline is that next year the amount individuals can contribute to their 401(k) plans (not to mention 403(b) and most 457 plans, as well as... READ MORE

Required minimum distributions (RMDs) are among the many plan features affected by laws enacted and regulations issued in the last few years. An Oct. 24 session of the ASPPA Annual conference held at National Harbor addressed some of the consequences of those changes.  In “Participant Journey: Let... READ MORE

How did the SECURE Acts affect required minimum distributions (RMDs) and death benefits? An Oct. 23 session of the ASPPA Annual conference held at National Harbor, MD provided a look.    Robert Richter, JD, LLM, Retirement Education Counsel at the American Retirement Association, and Michele... READ MORE

[This article has been updated to reflect that Dan Gilbert is not one of EIG's co-founders, he is a member of the Founders Circle, an advisory board with no governance responsibilities. Additionally, Steve Glickman is not a tech entrepreneur, but rather former Senior Economic Advisor at the... READ MORE

A hearing has been set concerning legislation that would make Massachusetts the next state to institute a state-run retirement program that would provide coverage for private-sector employees whose employers do not.  The Joint Committee on Financial Services of the Massachusetts legislature will... READ MORE

  The recently announced increase in the Social Security cost-of-living adjustment (COLA) for 2024 is much more modest than the one announced just a year ago. But milder or not, it has meaning. So what does it mean?   The milder-than-last-year hike in the Social Security COLA is due to the... READ MORE

For the next 10 years, the Social Security trust funds will have a positive balance. But balance sheet solvency after that will be another matter, says the Congressional Research Service (CRS).  In its latest Social Security Primer, updated Oct. 2, 2023, the drumbeat the CRS hits is little... READ MORE

Having a formal retirement plan can be an asset in a variety of ways, but its value is underappreciated, says a recent study.  A strong majority of retirement investors with an informal retirement plan, and an even bigger majority of those with a formal written retirement plan, express confidence... READ MORE