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Amanda Eisenberg is a former associate editor of Employee Benefit News.
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President Donald Trump unveiled a federal plan offering government-backed retirement accounts with a $1,000 annual match for workers without employer-sponsored plans.
Companies with 10 or more workers would have to contribute at least 50 cents per hour worked to each employee's retirement account.
The industry asked for and received a delay in the rule from the IRS in 2023. Now that it's going into effect, here are the key implications for sponsors and savers.
With rising healthcare costs putting pressure on both employers and employees, the challenge is clear:
More than half of employees rely primarily on their 401(k) plan provider for retirement and financial planning advice.
