Bill would create retirement savings program for many Maine workers
The measure would set up state-run plans for private sector workers who lack 401k or other employer-based programs.
Source: pressherald.com
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401(k) balances are rising, but most savers still won't have enough
The average retirement savings balance has increased, but there’s a long way to go for many 401(k) holders — and for the many without them.
Source: marketplace.org
Worried about outliving your 401(K)?Experts say this little-known scheme can guarantee your income for life
Americans worried about outliving their retirement savings can benefit from a little-known, tax-advantaged scheme which will guarantee their income for life.
Source: dailymail.co.uk
Industry Players Want Mandatory Roth Catch-Up Implementation Delayed
The list of industry groups calling for more time on Roth catch-ups is growing rapidly.
Source: plansponsor.com
Industry Concerns About Roth Catch-Ups Escalate
SECURE 2.0 Section 603 would require catch-up contributions made by those making more than $145,000 in wages to be made after-tax, and plan sponsors say it is probably going to be the hardest mandatory SECURE 2.0 provision to implement.
Source: plansponsor.com