Nick Otto

401(k) and other defined contribution plan sponsors report high participation rates by millennials; however, millennials with student loan debt are saving at a lower rate.

Many companies have embraced financial incentives as a way to encourage participation in wellness programs, but workers still express concerns about privacy and not wanting their employers to be involved in their health and well-being.

Small businesses are pleading with lawmakers and the Department of Labor, saying they’re getting the short end of the stick with regards to the DOL’s proposed fiduciary rule.