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There’s a lot to consider when employees think about retiring. A good question for workers to ask themselves is not only when they plan to retire, but where.
According to recent data from the Federal Reserve, nearly 25% of non-retired adults haven’t saved any money for retirement. But employees may get in better financial shape for their post-work years by relocating to a state that lowers their cost of living without requiring a drastic change in lifestyle.
Nick Otto is a former senior editor of Employee Benefit News and Employee Benefit Adviser.
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As healthcare costs climb, more large employers are contracting directly with hospitals and health systems to work out prices, improve quality and steer care.
The goal is to strike a thoughtful balance that supports employees during important life events while maintaining productivity, managing costs and ensuring equitable access.
Supplemental offerings such as vision, dental, accident and life insurance provide preventive care and essential coverage when things go wrong.
From fiduciary guidance to financial education, advisers are taking on more responsibility as sponsors expand investment choices and focus on participant outcomes.
U.S. workers say retirement is getting harder to afford, raising questions about how organizations can help workers save, understand their benefits, and plan ahead.
