Congress Considers Adding CIT Access for 403(b) Plans

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Bipartisan legislation is pending in Congress to grant public-sector workers, including those in 403(b) retirement plans, access to collective investment trusts (CITs), long available only to private-sector employees. With CITs offering lower costs and improved transparency, fiduciaries should consider including them in their fund lineups once the legislation is passed, explains Jason Levy of Great Gray Trust Company, via RetireSecure Blog.Read More

Olivia S. Mitchell to Receive CIO’s 2024 Lifetime Achievement Award

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For groundbreaking research influencing public policy on pensions and highlighting the critical role of financial literacy, Olivia S. Mitchell, Wharton Professor and Director of the Pension Research Council at the University of Pennsylvania, will be honored with CIO’s 2024 Lifetime Achievement Award. — Via Chief Investment Officer.  Read More

Should You Roll Over Your 401(k) When You Retire? Here’s How to Think About It

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Who should roll over a 401(k) into an IRA? The answer depends on your level of financial sophistication, explain researchers Olivia S. Mitchell of the Wharton School, Catherine Reilly of CM Reilly Associates, and John A. Turner of the Pension Policy Center, via RetireSecure blog. Read More

Defined Contribution Plan Behavior through a Gender Lens

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Men and women both share retirement worries, but women’s unique life circumstances warrant greater attention in retirement planning decisions, including plan participation and investment strategies, report Bank of America’ Nevenka Vrdoljak and Susan Feng: Retire Secure Blog. Read More

Enhancing Retirement Planning with AI-Based Tools

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Daniel G. Goldstein of Microsoft Research examines how AI advancements could transform retirement planning by improving financial decision-making and addressing challenges like bias and accessibility, via RetireSecure blog.Read More