Paula Aven Gladych

Cash balance, deferred compensation and profit-sharing plans are gaining in popularity — especially for small employers.

Employers have an opportunity to help employees make better decisions about retirement savings to address out-of-control medical costs.

Cash balance, deferred compensation and profit-sharing plans are gaining in popularity - especially for small employers.

Employers have an opportunity to help employees make better decisions about retirement savings to address out-of-control medical costs.

Employees who have access to a workplace plan and start saving early are in the best position to retire when they finally reach the age of 65, says the EBRI.

The latest proposal clarifies an RIA’s duty of care and other fiduciary obligations when dealing with clients.

EBRI finds that employees with access to a workplace plan and start saving early on are in the best position when they finally reach the age of 65.

They need documentation showing how they reviewed, selected and monitor their TDFs and if their investment strategy fits with participant demographics.

They need documentation showing how they reviewed, selected and monitor their TDFs and if their investment strategy fits with participant demographics.

Employees still don’t know the basics of using and saving with a health savings account, according to Fidelity Investments.