Retirement

Pension and benefits administrators are needed more than ever to both guide and direct their employees towards healthy retirement savings and lifestyles.

Employers are increasing the amount of their retirement plan contributions, a move industry experts say has also led to increased account balances and plan engagement.

Neuroeconomics is a combination of economics, neuroscience and psychology and it can affect how employees make investment decisions in their 401(k) plan.

Nobody is sure what the economy will do in 2015, but investment fund managers remain positive about investments in equities and alternative assets over the long-term.

In as bold a move as its strongest blend, coffee powerhouse Starbucks late Monday upped the ante to its college degree program the company first unveiled last summer.

The Internal Revenue Service and the Treasury Department have issued guidance aimed at making it easier for taxpayers to be automatically enrolled in retirement plans such as 401(k) and 403(b) plans by their employers, simplifying the correction methods if errors are made.

Political and financial pundits alike have talked about a retirement gap or even crisis for years. But as the demographic skews older the crisis is becoming more real.

As 403(b) plans look more like 401(k)s, plan sponsors are turning to advisers to help with plan design and administration.

Because employees aren't actively engaging in their retirement plans on a regular bases, a slight uptick has been seen in employers including managed account options in their workplace 401(k) and 403(b) plans.

Changing the emphasis from the accumulation of retirement assets to a safer and smoother way of distributing those savings will help make employees' lives easier, and help maximize their Social Security benefits.