Benefits Think Lump sums vs. life annuities: Leveling the playing field
As an alternative to placing restrictions on lump sum withdrawals, clients could provide retirees more distribution flexibility.
As an alternative to placing restrictions on lump sum withdrawals, clients could provide retirees more distribution flexibility.
As an alternative to placing restrictions on lump sum withdrawals, employers could provide retirees more distribution flexibility.
There are hundreds of rules and claiming strategies – the wrong one can have major repercussions.
Employees say they are likely to move to a new employer for perks such as flexible schedules, bonuses and paid leave.
Many are following the example of corporations by instituting defined contribution or hybrid plan options for new hires and by freezing their old plans.
The gig economy ushered in a new way of working, which in turn has ushered in a new way of retiring.
Rents have increased an average of 3% annually over the 14-year time period of the study, while incomes have declined .1% annually.
Regulatory changes and tax savings opportunities make these retirement vehicles particularly well-suited to small companies like law firms and medical practices.
Regulatory changes and tax savings opportunities make these retirement vehicles particularly well-suited to small companies like law firms and medical practices.
Employees say they are likely to move to a new employer for perks such as flexible schedules, bonuses and paid leave.
Flush with money, firms took a proactive approach in 2017 by contributing discretionary amounts in order to satisfy objectives beyond the government-mandated minimum.
Driven by a strong stock market, a select group of Fortune 1000 companies saw modest growth, finds Willis Towers Watson.
Driven by a strong stock market, a select group of Fortune 1000 companies saw modest growth, finds Willis Towers Watson.
Offering low-cost investment options on plans can help employees mitigate longevity risk and provide options for workers with distinct savings goals or priorities.
NIRS research reveals how these plans offer more incentives for educators to stay on the job while easing personnel planning.
Offering low-cost investment options on plans can help employees mitigate longevity risk and provide options for workers with distinct savings goals or priorities.
NIRS research reveals how these plans offer more incentives for educators to stay on the job while easing personnel planning.
Both defined benefit and defined contribution program overseers need to update their costs and strategies before January.
A retirement savings wave that has been rolling stealthily across corporate America is gaining momentum.
Following a successful pilot program, employers can expect to see an uptick in Department of Labor audits to ensure they are paying out benefits to fully vested participants.