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A new report finds a decline in retirement confidence to levels not seen since the 2008 financial crisis. The report, from the Employee Benefit Research Institute (EBRI), also finds both employees and retirees are very concerned about inflation and its impact on their savings and spending.... READ MORE
Vermont is close to establishing a state-run retirement plan to provide coverage for employees whose private-sector employers do not, and Pennsylvania is on the road to that.    Green Mountain State Poised to Join State Plan Club   The Vermont House of Representatives has passed legislation that... READ MORE
In MarketBeat, Ted Godbout writes that the NEPC’s 17th annual Defined Contribution (DC) Plan Trends and Fee Survey says that while the dedicated retirement income solution market has proliferated over the past several years, many plan sponsors have struggled to evaluate their options strategically. READ MORE
Editor's Note: This feature in the NTSA Advisor provides a look at what’s going on in the states and the most recent developments in their activity to provide and enhance retirement plan coverage.   What has it meant for teachers in Alaska that their retirement plan was part of the widespread... READ MORE
The National Council on Aging (NCOA) and UMass Boston find that 80% of older Americans, or 47 million people, can’t sustain a financial shock such as needing to pay for long-term care services and supports (LTSS) or the loss of income due to divorce or widowhood. “It is unacceptable that nearly... READ MORE
Editor's Note: This feature in the NTSA Advisor provides a look at what’s going on in the states and the most recent developments in their activity to provide and enhance retirement plan coverage. Bills before the legislatures in Minnesota, Maine, and Illinois would adjust retirement savings... READ MORE
Editor's Note: This feature in the NTSA Advisor provides a look at what’s going on in the states and the most recent developments in their activity to provide and enhance retirement plan coverage. Minnesota may join other states that provide retirement plan coverage to private-sector employees... READ MORE
Warnings that Social Security’s long-term solvency is questionable are not new. But how about a little good news? A recent analysis suggests that maybe all is not lost.  The glass is half full, argue Kathleen Romig, Director of Social Security and Disability Policy at the Center on Budget and... READ MORE
In the post-SECURE Act 1.0 era, plan consultants are becoming more comfortable recommending lifetime income options, but there apparently are potential obstacles with newer solutions, according to a MetLife study that Ted Godbout addresses in MarketBeat. READ MORE
Mark Twain said, “History never repeats itself, but it does often rhyme.” So, tell me if you have seen this before. The Republican Party is ascendent after a mid-term election result that saw them gain the majority in the House of Representatives, which they consider a clear repudiation of the... READ MORE
This new feature in the NTSA Advisor provides a look at what’s going on in the states and the most recent developments in their activity to provide and enhance retirement plan coverage. New Utah Law Modifies Match of State Retirement System Employee Contributions   A bill signed into law by Utah... READ MORE
Even though the ink is barely dry on the SECURE 2.0 Act, there’s no rest for the weary, as some in Washington are pushing a federal government-run retirement system that would unfairly compete with the private sector, warned Brian Graff on April 2. Graff, who serves as CEO of the American... READ MORE
While Millennials remain the largest cohort in the workforce and bring their own unique perspectives and expectations, the so-called Zoomer Generation born between 1997 to 2012 is beginning to enter the workforce and is already starting to have an impact on the retirement industry.   This is... READ MORE
Tech Talk addresses who interested persons are for purpose of 403(b) notice requirements, and who must receive notice that an application for an advance determination will be filed regarding whether a 403(b) plan meets the requirements of Internal Revenue Code Section 403(b). READ MORE
There are only 10 (or so) different provisions under SECURE 2.0 which seem to have any sort of direct relation to the provision of lifetime income through defined contribution plans (LI), and none of them seem to have the bold, systemic effects that we saw under the some of the terms under SECURE 1... READ MORE
This new feature in the NTSA Advisor provides a look at what’s going on in the states and the most recent developments in their activity to provide and enhance retirement plan coverage.    Nevada Could Join State Plan Club Private-sector employees in the Silver State whose employers do not... READ MORE
The Department of Labor (DOL) in its budget proposal for fiscal year 2024 seeks funding to fuel new initiatives to make sure lost benefits go to those to whom they belong.  The DOL seeks $5 million in FY 2024 to establish a program for ensuring that missing participants receive the benefits to... READ MORE
American households that adopt some or all of five key financial wellness behaviors are more likely to be saving more and better positioned for building wealth, says a report. In MarketBeat, Ted Godbout writes that the findings suggest that “retirement saving” is one of the most difficult behaviors... READ MORE
This new feature in the NTSA Advisor provides a look at what’s going on in the states and the most recent developments in their activity to provide and enhance retirement plan coverage.  Expanded Coverage Options for Certain FL Teachers Proposed   Legislation is before the Florida Senate and... READ MORE
In MarketBeat, John Sullivan writes about American Retirement Association (ARA) member Apryl Pope, co-founder of Cincinnati-based Retirement Plan Partners, who delivers stark statistics about the state of retirement saving for traditionally marginalized communities and offers solutions. READ MORE

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