The rapid rise of artificial intelligence (AI) and the highly anticipated SpaceX initial public offering (IPO) are reshaping many aspects of the economy. One area that investors and employees alike are watching closely is how these developments affect retirement plans (401k, 403b, 457b plans). These two forces are influencing market dynamics, company valuations, and investment strategies, which in turn impact the growth and stability of retirement savings. Understanding these

Retirement plans have traditionally focused on stocks, bonds, and mutual funds. Recently, the Department of Labor (DOL) has introduced new rulemaking that directly impacts how private assets can be included in these plans. This change brings both opportunities and challenges for plan sponsors who want to diversify their offerings. Understanding the DOL’s recent guidance is essential for sponsors to manage risks and meet fiduciary responsibilities. What Are Private Assets in R

Saving enough for retirement is a challenge many face, especially as they approach their later working years. The Secure 2.0 Act introduces important changes to retirement savings rules, specifically requiring catch-up contributions in 403b and 401k plans to be made as Roth contributions. This shift affects how higher earners and older employees save for retirement, with implications for taxes and future withdrawals. This article explains what this requirement means, who it i