Retirement

Offering financial education can provide a big boost to employee productivity, allowing employees to solve financial dilemmas and refocus on work.

It’s a good best practice to give your employer client’s 401(k) plan a good compliance review every year. Here’s a checklist of some IRS suggested corrective mechanisms that can be taken to bring a plan into compliance.

Group annuities are common among 401(k)s because they appear to be cost effective, turnkey options. However, careful due diligence will reveal they are big aggressors when it comes to fees that hinder portfolio growth.

Despite great strides in retirement security, some lawmakers and benefit leaders see an opportunity to revisit tax policies that could help incentivize all Americans to save more as they plan their exits from the workforce.

A recent alert from the Securities and Exchange Commission emphasized how easily and quickly false information can be spread via social media by market manipulators who may be posing as legitimate or trusted sources of information. Plan sponsors may want to communicate this information to their 401(k) plan participants.

The impending post-retirement health costs of America’s baby boomers may still seem remote, but benefits managers would do well to help their older workers by working together to consider those potentially explosive concerns – and include them in a comprehensive employee health plan.

A new Senate bill calling for an amendment to a controversial section of the Employee Retirement Income Security Act is expected to save employers and plan sponsors $15 million over the next decade, according to new estimates.

Turn to Barbara Delaney, founder and principal at StoneStreet Advisor Group, to know what’s next for retirement plans.

Expectations of retirement haven’t quite bounced back since the recession, and retirement security is increasingly becoming a topic of concern for workers around the world.

Commentary: Open enrollment time means employer clients will be reviewing fee disclosures. Columnist John Ludwig discusses several steps plan sponsors should take when reviewing the disclosures for accuracy and to determine if fees are fair and reasonable.