Retirement planning

“Financial wellness is front and center [for employers], so the partnership between Betterment and Lumity made perfect sense,” says Amit Ahluwalia, Lumity’s national employee benefits practice leader.

When employees change jobs, auto portability can help avoid risky and premature cash outs.

If you have a special number in mind for your golden years, it should be how much you’ll be able to spend each year. And financing that spending brings many new risks into the picture.

More than a third of respondents who said they’d retired earlier than planned said a hardship like a health problem or disability was the reason.

The pandemic-driven migration out of big cities could lead to more missing participants, and going forward, more small, stranded retirement accounts.

Three-quarters of employees feel confident that they will have a comfortable lifestyle in retirement.

Yusko shares her top advice for navigating retirement planning during COVID-19.

While early retirement might sound appealing, it can be a struggle for those who don’t have sufficient income to pay their bills.

Whether it be out of pandemic boredom or financial necessity, companies may need to factor in older workers in their recruiting efforts.

“Claiming early means a lifetime permanent cut in monthly benefits for you and your spouse and survivors,” says Teresa Ghilarducci, professor of economics at the New School for Social Research.

As employers begin building their back-to-the-office plans, virtual education offerings are here to stay.

Financial wellness requires more than a typical 401(k) benefit.

A CFO explains why employees should invest in their HSA accounts.

Employees need greater education about the resources available to them during their retirement years.

Regardless of the political party that occupies the White House, bipartisan support for auto portability as a solution for helping more Americans, and especially minorities, increase their savings for retirement will remain strong.

Being prepared for an emergency is a critical aspect to good financial wellness.

A study by Willis Towers Watson shows employees want their employer to help them save for retirement.

Helping employees reach a financially stable retirement is a top priority for employers.

As the job market begins to rebound, new opportunities may not be available to everyone.

Enabling income replacement in retirement is influential to employers’ plan design.