Benefits Think 10 key features of a retirement-ready 401(k)
Auto-enrollment, auto-escalation, participant investment advice and Roth 401(k) availability are among the important traits of a plan.
Benefits Think Why plan sponsors should educate employees on HSA contributions
In addition to being triple tax-free, health savings accounts can make a significant difference for workers’ retirement planning.
Benefits Think How to regularly review 401(k) providers
Plan sponsors should follow a four-step process to ensure their providers are appropriate and that the fees paid are reasonable, says adviser Robert Lawton.
Benefits Think 7 reasons why plan sponsors should re-enroll 401(k) participants
Staying in a plan’s qualified default investment alternative rebalances employee accounts and ensures age-appropriate allocations.
Benefits Think Begin working on 2018 401(k) plan changes now
When making retirement updates, plan sponsors should consider fees, features and fiduciaries.
Benefits Think How employers know if they’re getting good investment advice
Guidance is sound if it’s coming from a fiduciary, fits the corporate culture and is comprehensive.
10 biggest 401(k) misconceptions
Employees have some simple but significant false ideas about their retirement plans. And employers need to do a better job addressing them during education sessions.
Benefits Think Do Roth 401(k)s have the edge over pre-tax 401(k)s?
Employees will have more money in retirement if they contribute to the right savings account.
Benefits Think What employers should include in their investment policy statement
An IPS is a key part of the fiduciary compliance process and should clearly state roles and responsibilities.
Benefits Think How employers can evaluate a 401(k) investment adviser
The best retirement providers should sign on to a plan as a fiduciary, provide a complete menu of services and have a clean background.
Benefits Think How employers can evaluate a 401(k) investment adviser
The best retirement providers should sign on to a plan as a fiduciary, provide a complete menu of services and have a clean background.
Benefits Think How to create a state-of-the-art 401(k) loan program
Plan sponsors should limit loans to hardship criteria, allow just one at a time and refer potential borrowers to an employee assistance program for financial counseling.
Benefits Think How to create a state-of-the-art 401(k) loan program
Plan sponsors should limit loans to hardship criteria, allow just one at a time and refer potential borrowers to an employee assistance program for financial counseling.
Benefits Think Why plan sponsors shouldn’t white label 401(k) investment funds
Renaming options using the asset class name they represent lacks transparency, causes participant frustration and is not a best practice.
Benefits Think Why 401(k) loans are the worst possible investment
Borrowers often end up stopping their retirement plan contributions while they are paying back their advances.
Benefits Think Why 401(k) loans are the worst possible investment
Borrowers often end up stopping their retirement plan contributions while they are paying back their advances.
Benefits Think Are 401(k) plan loans double taxed?
Participants appear to experience dues on the principal portion that is more than double his or her incremental tax rate.
Benefits Think Are 401(k) plan loans double taxed?
Participants appear to experience dues on the principal portion that is more than double his or her incremental tax rate.
Benefits Think Should 401(k) plans offer only index funds?
Less volatility, lower litigation risk and greater simplicity are reasons for embracing this strategy, says adviser Robert Lawton.
Benefits Think Should 401(k) plans offer only index funds?
Less volatility, lower litigation risk and greater simplicity are reasons for embracing this strategy, says adviser Robert Lawton.