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Beth Ashmore is a senior retirement consultant at Willis Towers Watson.
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Workers estimate they’ll need over $5K in monthly retirement income, but many have no clear strategy for turning savings and investments into a steady paycheck.
Education can help employees make confident decisions about NQDC and look forward to more money coming in after retirement.
Despite not being a mandate, the passing of the bill could make a big difference in leaders’ approach.
The goal is to strike a thoughtful balance that supports employees during important life events while maintaining productivity, managing costs and ensuring equitable access.
With health benefit costs expected to rise 8.2% in 2027, employers are looking for ways to control spending without simply shifting more costs to workers.
