Employer Strategies

Layoffs in April fell to 1.59 million from 1.66 million, a DOL report showed Tuesday.

Those who leave the workforce are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.

Brokers and and employers will have access to data analytics and employers can interact remotely with advisers.

Advisers and trade groups are monitoring congressional talk reexamining the tax-favored standing of workplace savings plans.

Workers with 401(k)s are 15 times more likely to save, but many employees, particularly those at small businesses, don’t have access to the retirement plans.

When breaches occur, regulatory ramifications can be as complex as the reputational damage to all parties involved will be great.

With the knowledge of a strong job market, benefits managers can beef up offerings to help retain top talent.

Rachel Carlson co-founded Guild Education, which partners with companies to offer online education as an employee perk.

Keep workers interested by reducing obstacles such as multiple passwords that are undermining participant access, says Hodges-Mace’s Eric Helman.

Couples would be better off retiring at the same time, as they face major life changes together. And leaving a career-driven spouse at home in retirement can throw a marriage out of whack.