Retirement

Plan sponsors should limit loans to hardship criteria, allow just one at a time and refer potential borrowers to an employee assistance program for financial counseling.

Benefits such as caregiving and concierge programs serve a genuine purpose and have a meaningful impact on employee well-being.

Those who leave the workforce are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.

Advisers and trade groups are monitoring congressional talk reexamining the tax-favored standing of workplace savings plans.

Workers with 401(k)s are 15 times more likely to save, but many employees, particularly those at small businesses, don’t have access to the retirement plans.

When breaches occur, regulatory ramifications can be as complex as the reputational damage to all parties involved will be great.

Couples would be better off retiring at the same time, as they face major life changes together. And leaving a career-driven spouse at home in retirement can throw a marriage out of whack.

Employees with grinding financial woes are tapping into their retirement accounts at alarming rates. It has an impact on employers, too.

Couples would be better off retiring at the same time, as they face major life changes together. And leaving a career-driven spouse at home in retirement can throw a marriage out of whack.

Business is on the rise in the small-group market as a drive for financial wellness sheds new light on the benefit.