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In the Sept. 1 EBN, living benefits legend Ted Benna looks back at the evolution of his “baby,” the 401(k), and the outlook for the plans over the next 25 years.
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Younger employees are least likely to enroll in retirement plans, but automatic enrollment and defaults dramatically improve participation across the board.
Vanguard and TIAA's collaboration embeds guaranteed lifetime income directly into workplace savings plans.
The future of employee wellness means that employers must balance strategies that combine meaningful new health and financial benefits.
By investing in the right tools, leaders can prevent employees from making long-term damage to their financial future.
As 401(k) balances continue to grow, advisers say it's crucial that employees are educated on how to effectively manage their portfolios.
