Ted Godbout

One of the biggest decisions upon retirement is deciding when to claim Social Security, yet a surprising number of near-retirees still lack even basic knowledge about how the program works.  According to MassMutual’s latest Social Security retirement benefits quiz of near-retirees (age 55 to 65),... READ MORE

While a growing number of investors are interested in cryptocurrencies and the appropriateness of investing crypto in retirement plans is a hotly debated topic, a new white paper suggests they are a poor choice for long-term investors. The latest crypto collapse, driven in large part by the design... READ MORE

In an opening bid by the Senate, the chair and ranking Republican of the Senate Health, Education, Labor and Pensions Committee have released a discussion draft of legislation that builds off the House-passed SECURE Act 2.0 legislation.  Sens. Patty Murray (D-WA) and Richard Burr (R-NC) on May 26... READ MORE

Sens. Todd Young (R-IN) and Cory Booker (D-NJ) have introduced legislation that they say would “facilitate convenient and affordable access to workplace emergency savings accounts, improving financial security and reducing retirement savings leakage.”  According to the bill’s sponsors, the... READ MORE

The American Retirement Association is strongly opposed to legislation moving through Congress that would prohibit arbitration of claims and discretionary clauses in all ERISA covered retirement plans.  “On behalf of the over 30,000 members of the American Retirement Association (ARA), we hereby... READ MORE

In the wake of the SEC announcing a $6 billion securities fraud deal against Allianz Global Investors U.S. LLC (AGI U.S.), the firm off-loaded most of its U.S. investment management business as part of the terms of the deal.    The SEC announced May 17 that it had charged AGI U.S. and three former... READ MORE

Perhaps they have not heard of the many benefits in the SECURE Act to help with starting a retirement plan, but a new survey finds that many small business owners remain on the fence.  Apparently long-standing misperceptions about access, matching and cost remain the top barriers to adoption,... READ MORE

As businesses contend with geopolitical issues, interest rate hikes and a shifting labor force, improving the employee experience is key for retention, the findings in a new report suggest.  Consequently, the significant role employee benefits play is more important than ever, according to the... READ MORE

The impact of the pandemic over the last two years has prompted businesses of all sizes to reevaluate their benefit packages—and small businesses are no exception.   In fact, nearly all small business owners surveyed (93%) have reevaluated their strategy and plan to make changes to their business... READ MORE