An Opening for Open MEPS?

Too many Americans lack access to a workplace retirement savings plan. Open multiple employer plans (known as open MEPs) are one great solution to expanding retirement plan access.  The concept is simple – let unrelated employers band together to offer a common retirement plan to their employees.   MEPs are not a new concept. But they’re … Continue reading "An Opening for Open MEPS?"

91 Business & Community Leaders Call on Senate to Pass SECURE Act

On May 23, the U.S. House of Representatives overwhelmingly passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, 417-3. The bipartisan landslide vote was not surprising. SECURE has attracted supporters from across the political spectrum because of all the good it will do for Americans’ financial security. What is disappointing is that in … Continue reading "91 Business & Community Leaders Call on Senate to Pass SECURE Act"

Life Insurers Help Millennials Through Every Stage of Life

(A version of this article originally appeared in USA Today for Mediaplanet’s Financial Planning and Insurance Campaign.) Here’s something I’ll bet you didn’t know: The oldest millennials are celebrating their 20th anniversary in the workforce this year. Hard to believe, right? But it’s true. The millennial generation—widely defined as people born between 1981 and 1996—has grown up in a … Continue reading "Life Insurers Help Millennials Through Every Stage of Life"

What’s the Difference of a Few Percentage Points for Retirement Savers?

As previously discussed, the United States is in a low interest rate environment. Low interest rates negatively impact people saving for retirement, including those who invest in fixed-return assets (assets that pay people a set interest rate). They can have a particularly severe impact on retirees and those nearing retirement. But how much do a … Continue reading "What’s the Difference of a Few Percentage Points for Retirement Savers?"

Retirement Savers at the Door, Senate Should Pass the SECURE Act

Tonight, millions of children across America will dress up and go trick-or-treating for Halloween. In the nation’s capital, plenty of excited kids will wear the uniforms of the newly crowned World Series champion Washington Nationals. And adults will throw open their doors and recognize the effort. Perhaps these canvassers have learned something from supporters of … Continue reading "Retirement Savers at the Door, Senate Should Pass the SECURE Act"