Unintended consequences

Unintended consequences are altering the retirement system

Anyone familiar with high school physics might remember Newton’s Third Law of Motion: For every action there’s an equal and opposite reaction. Proven true in natural science, that principle also applies in human nature, economics and other social sciences. History shows this time and again. Efforts made to alter human behavior to drive a desired […]

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Retirement policy improvements capitol building

Retirement policy improvements may soon emerge from Washington

Ten days ago, we saw the conclusion of a tumultuous presidential election that many Americans will be happy to leave in history’s dustbin. Much has been written about the lost civility in our politics — and the relative lack of substance around which the election was framed. Despite the fact that retirement policy was never […]

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new day qdia

A new day for the QDIA

There’s no question that the 2006 Pension Protection Act did a great service for investors in defined contribution retirement plans. The development and expanded use of auto-enrollment and auto-escalation of participant contribution amounts have shown1 to be significant improvements to the retirement prospects of many Americans. One great boon of the now 10-year-old regulation was […]

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Ed Murphy's Empower Retirement Post, 5 Policy Fixes

Five policy fixes to help small employers with retirement plans

More than 55 million working Americans — roughly half of all workers ages 18 to 64 — do not have access to an employer-sponsored retirement plan. Typically, these Americans work in the private sector for companies that employ fewer than 100 individuals.

We need to solve the retirement plan problem for small employers — one way or another.

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Peer comparison drives higher retirement savings rates

Peer comparison drives higher retirement savings rates

It shouldn’t come as much of a surprise that when it comes to keeping up with the Joneses, the world of retirement savings is not all that different. People have a desire to know how their efforts compare with the efforts of their peers. Showing participants this data can be a game changer when it comes to better preparing Americans for retirement.

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