When I look ahead to 2026, I can’t help but think of Rocky Balboa. Not the invincible Rocky from Rocky III strutting around in silk robes, but the older one, in the later films, the guy who knows every punch is going to hurt but still gets in the ring anyway. Because, like Rocky said about Apollo Creed, “Time takes everybody out. Time’s undefeated.” And for 401(k) plan sponsors, time, and the tidal wave of change coming with 2026, is going to be undefeated too. You can’t duck it, you can’t outlast it, and you can’t charm your way out of it with a slick plan document or a nice fiduciary policy. You’ve got to face it head-on, gloves up, ready to take some hits. The good news? You can still win this fight. But only if you know what’s coming, and how to prepare.
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