Fidelity says number of 401(k) millionaires hits record high
The financial group also says employee savings rates are on the rise.
Retirement planning
10 jobs with the worst retirement benefits
Not every employer offers a good match to employee 401(k) contributions.
Employer-sponsored savings programs could be the future of financial wellness
Offering low- and middle-income employees savings interventions can have a positive impact on their personal finances.
15 states where $1M in retirement savings lasts the longest
Depending on where they live, retirees can expect their six-figure savings to last more than two decades, data shows.
Early retirement takes a toll on mental health
Employees who retire early are more likely to experience bouts of anxiety and self-doubt.
Benefits Think 6 steps clients can take to enhance financial literacy across five generations
A look inside the University of Pittsburgh’s recent multi-year initiative to transform retirement communication and boost financial literacy.
Cheryl Johnson
University of Pittsburgh
New DOL rule seen as next step toward open MEPs
Provisions to relax nexus requirement for shared plans are a modest step, but open multiple employer plans enjoy strong momentum and broad support.
Employer-sponsored savings programs could be the future of financial wellness
Offering low- and middle-income employees savings interventions can have a positive impact on their personal finances.
Retiring while abroad? How that may affect employees’ Medicare
Seniors living overseas are advised to enroll before moving back to the U.S.
Benefits Think Giving your company retirement plan a check-up now can lead to big savings later
An annual assessment can ensure fiduciary requirements are met, while helping to reduce future costs, administrative headaches and ongoing liability.
Allison Brecher
Vestwell
Why employees are yearning for more financial wellness benefits
Employees are more productive and happier when employers show an interest in their financial wellness, a new report shows.
Benefits Think 6 steps employers can take to enhance financial literacy across five generations
A look inside the University of Pittsburgh’s recent multi-year initiative to transform retirement communication and boost financial literacy.
Cheryl Johnson
University of Pittsburgh
The Hartford to pay up to $10,000 per employee toward student loan debt
The financial services company is part of a larger trend of employers offering the financial benefit.
Student loans are wreaking havoc on American families. Here’s why employers should care
Benefits can be tailored to address student loan debt, and help put employees on track for retirement.
DOL guidance gives OK to retirement savings auto portability program
The move is expected to prevent fund leakage through opt-out rollovers when workers leave a job, industry experts say.
Bill could jeopardize savings accounts for clients with Medicare
Withdrawals for non-medical expenses would no longer be penalty-free under the proposal.
DOL final rule expands retirement plan options for SMBs
Small and midsize employers will be able to form or connect with associations to offer employees workplace retirement plans.
Benefits Think HSAs: the other retirement account
Baby boomers expect Social Security to be their primary source for paying for retirement, while Generation Xers and millennials are looking at other means, says Wells Fargo.
Craig Keohan
HealthSavings Administrators
Benefits Think HSAs: the other retirement account
Baby boomers expect Social Security to be their primary source for paying for retirement, while Generation Xers and millennials are looking at other means, says Wells Fargo.
Craig Keohan
HealthSavings Administrators
Steps to help millennials lay a financial foundation
Before saving for retirement, young employees are advised to pay down high-interest debts and build an emergency fund, an expert says.
