Retirement

Employers offering mass transit benefits should make note of recent changes to the allotted amount employees can take out pre-tax, a provision included in the Tax Increase Prevention Act of 2014 which was signed by President Barack Obama on Dec. 19.

Welcome to the 5th annual edition of the ABC’s of Employee Benefits. Given the tremendous amount of activity and volatility in the employee benefits space, this version can be summed up in one sentence: Surround yourself with quality, interested, and engaged help or else 2015 will be a very long and painful year.

Employers who tap into the specific generational needs of their employees and address certain desires could provide an upswing in benefit enrollment.

Having up-to-date investment policy statements is important, but are they plan documents? Do they have to be provided to participants upon request? Here’s what your employer clients need to know.

John Hancock Financial’s planned acquisition of New York Life’s Retirement Plan Services business is expected to grow its private sector retirement plan market to nearly 55,000 retirement plans and 2.5 million plan participants.

Borrowing from workplace wellness programs, plan sponsors may want to consider providing incentives to boost or start employees’ retirement savings.

Employers need to take a fresh look at their retirement plans annually because there is still a “significant problem” with retirement readiness.

The prevalence of automatic enrollment features and qualified default investment alternatives in employer defined contribution plans have led to a huge increase in the use of target-date funds.

President Obama has signed multiemployer pension plan reform into law, which some professionals are touting as the most comprehensive legislation affecting multiemployer pension plans since 1980. What does reform mean for you and your clients?

Signed by President Barack Obama this week, the Multiemployer Pension Reform Act of 2014 welcomes substantial changes to the multiemployer pension system that is meant to fortify the retirement future of nearly 10 million workers.