Banco Popular de Puerto Rico

Many studies indicate that workers should save at least 12% to 15% of their income each year. It is likely that most 401(k) plan participants are not saving anything near this amount.

Employees will play fantasy football and will do it in the workplace. It is incumbent upon HR and benefit managers to find ways to keep employees engaged and let them have some fun. But it’s also important to develop guidelines.

Exchanges are creating a significant distribution shift in the benefits marketplace -- specifically, increased choice, changing funding mechanisms, defined benefit or defined contribution, and opportunities for new product offerings.

Despite the ever-changing world, ERISA remains strong and steady. The average American worker is far better off because of ERISA, which has held up remarkably well over the past four decades.

With such a wide range of opinions about how much money employees need to save for retirement – estimates vary from eight to 25 times final pay – it can be hard for participants to know what to aim for.

The U.S. Securities and Exchange Commission recently adopted amendments to the rules that govern money market mutual funds. Two of the changes could affect how you manage your 401(k) plan.

We all know how markets have traded most of the time since the 2008 crash. One day everything is moving up in value, the next everything is falling. But things are changing.

In this time of increased competition, razor thin margins, and the pressure to out-innovate the next guy, companies would do well to look at the power of their company culture as the unique advantage that it is.

The costs of complying with the Family and Medical Leave Act are already large enough, but small employers must be vigilant of huge legal costs associated with inappropriate terminations.

From fees and features to funds and fiduciaries, there's lots to consider when reviewing your 401(k) plan.