Target-date funds not being used appropriately
Research from Financial Engines suggests many TDF investors ‘misuse’ the funds because they fail to rebalance other assets in their retirement plan portfolios.
Financial wellness
Student loan debt repayment area of benefits innovation
As companies strive to find new and better ways to attract and retain skilled workers, some are exploring student loan debt repayment as a way to differentiate themselves from the competition.
Financial pressures affect absenteeism rates
Workers who are stressed about finances are absent on average 3.5 days per year, compared to 1.9 days for those who are not stressed about money, pointing to a need for more robust workplace financial wellness programs.
Benefits Think Why employers should have confidence in the Roth promise
Many plan sponsors and participants don’t trust the federal government to keep its vow to allow tax-free distribution of Roth 401(k) balances. But taxing balances would not produce enough revenue, so the government is unlikely to go that route.
Robert C. Lawton
Lawton Retirement Plan Consultants
Employers are increasing focus on retirement income solutions
Why many organizations are turning their attention to employees’ post-career earning requirements.
401(k) sponsors increasing focus on retirement income solutions
Large employers, while somewhat out of touch with employees’ retirement savings needs, are beginning to pay a lot of attention to their ultimate income requirements in retirement.
Helping small employers launch retirement plans
A 401(k) plan is one way to attract and retain workers, but many small businesses don’t know where to begin
Small companies needn’t fear launching retirement plan
An employer-sponsored 401(k) plan is one way to attract and retain workers, but many small businesses don’t know where to begin.
How to better engage women in financial wellness
Carla Dearing, CEO of SUM180, a planning service designed for women, shares her insight on how to create a successful program that best reaches female employees.
Benefits Think How FinTech is revolutionizing the retirement space
While financial technology is top of mind in the industry, many still wonder what it is and what it does.
Chad Parks
Ubiquity Retirement + Savings
How to create a successful financial wellness program
Working with employers to successfully reduce employee money stressors requires several steps, says Carla Dearing, CEO of financial planning service SUM180.
Benefits Think How FinTech is revolutionizing the retirement space
Technology offers simplicity, transparency, mobility and portability, and advisers should embrace it, says Chad Parks.
Chad Parks
Ubiquity Retirement + Savings
Benefits Think 4 reasons to offer financial wellness programs
Providing employees with access to such a benefit can help companies stand apart from competitors, says Adam Potter.
Adam Potter
SimpleFi
Benefits Think 4 reasons employers should offer financial wellness programs
Offering a financial wellness program — or a better financial wellness program — can help companies stand apart from competitors.
Adam Potter
SimpleFi
Here’s the toll that student debt can take on retirement
How does having a big slug of student debt actually hurt the ability to prepare for a comfortable retirement?
Ways to motivate women on financial wellness
Often turned off by the process, female employees will reengage in these services if advisers avoid some common pitfalls, says Carla Dearing, CEO of SUM180.
Q&A: EBRI’s new CEO Harry Conaway outlines the retirement industry’s key issues
The new head of the Employee Benefit Research Institute talks about the latest retirement trends, his plans for the organization and the state of employee benefits.
Student debt repayment benefit gains more ground
Natixis Global Asset Management is offering a new benefit that it hopes will allow more employees to begin saving for retirement instead of spending all of their extra money paying off student loan debt.
Principal Financial launches 401(k) in-plan annuity
Nora M. Everett, president of Principals retirement and investor services unit, discusses the firms retirement transition program and new pension builder product that will allow 401(k) plan participants to buy a deferred income annuity while theyre still actively participating in the plan.
Few employees aware of retirement transition benefits
Employers have either dropped the ball when it comes to offering employees retirement transition assistance like flexible work arrangements, retirement seminars or financial counseling, or employees are just not aware of the benefits their employers offer.