Happy Fourth of July!  May you have a safe and enjoyable holiday.

We are pleased to share with you the latest edition of the KCS Fireside Chat series. In this article we highlight, once again, the importance of the defined benefit plan as the primary retirement vehicle for our workers.

In recent weeks there have been several studies released / updated that highlight the sorry state of the US retirement industry.   Shockingly, 92% of working households for 25 to 64 year olds (according to the NIRS) are not on pace to save enough for retirement. The number is only slightly less scary (65%) when net worth is considered. Yet, DB plans continue to be targets for termination. We can and must do better as an industry.  Let us help you.