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A growing number of younger participants in 401(k) retirement plans are investing in target-date funds, according to a recent analysis.
Using data from the EBRI/ICI 401(k) database, Employee Benefit Research Institute finds that the percentage of recently hired 401(k) participants with two or fewer years of tenure holding TDFs jumped from 43.6% in 2008 to 46.6% in 2009 increasing slightly to 47.6% in 2010.
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From fiduciary guidance to financial education, advisers are taking on more responsibility as sponsors expand investment choices and focus on participant outcomes.
The founder and CEO of Empower Healthcare Insights explains how moving beyond traditional healthcare options opens doors to a better experience for employers and employees.
From emergency savings to retirement and AI-powered advice, employers are rethinking financial wellness as workers struggle to keep up with rising costs.
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.
In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
