What to do if you have to retire early
Seniors in this position may face a tax bill and possibly a penalty if they dip into their 401(k) prematurely, says an expert.
Retirement benefits
401(k) balances climbed over last decade
Employee retirement contributions soared 15% from last year, Fidelity Investments says.
Benefits Think Ask Benny: What is the benefit to adding a financial wellness program?
Assisting employees with their finances is a powerful way to recruit and retain top talent.
David Kilby
FinFit
Ocean Spray to eliminate mental health copays
The company is trying to remove one barrier preventing workers from getting help.
Forget WFH. How about working from a tent? WorldatWork CEO sees even more disruption to come
Younger workers want to work whenever and wherever, says Scott Cawood, head of the HR and compensation association. And there’s technology that enables them to power up while camping.
Why volatility shouldn’t scare you — even close to retirement
A market correction only becomes a real risk if investors act and make buy or sell decisions to alleviate mental anguish today at the expense of tomorrow, says an expert.
Benefits Think Is your nonqualified plan causing you anxiety? Here’s what to do
By learning to recognize the common challenges that plague nonqualified retirement plans, employers can look for red flags in their own plan management — and plot a corrective course of action.
Lynn Bullard Kennedy
Strategic Benefits Advisors
4 benefits messages to send employees in May
Employers should remind workers about a couple of important items before they head out on summer vacation.
Benefits Think Concerned about cybersecurity? Here’s how to protect 401(k) plans
Consolidating retirement accounts using auto-portability can protect data.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Hewlett Packard Enterprise adds 6 months of paid parental leave
The tech firm is also rolling out wellness Fridays, retirement transition support and a career reboot program.
Keeping up with Silicon Valley: Better benefits, remote work
San Jose’s BlackBag Technologies has to compete with big tech firms to attract talent. But it’s finding its way with paid medical coverage and a remote work strategy.
Keeping up with Silicon Valley: Better benefits, remote work
San Jose’s BlackBag Technologies has to compete with big tech firms to attract talent. But it’s finding its way with paid medical coverage and a remote work strategy.
New legislative idea may help plan sponsors offer annuities
Even if employers’ concerns are exaggerated, fear of fiduciary responsibility keeps them from offering lifetime income products.
Social Security isn’t America’s only public retirement crisis
Cuts in Medicaid could prove disastrous for low-income retirees who rely on the program for nursing home care, experts say.
Benefits Think Concerned about cybersecurity? Here’s how to protect 401(k) plans
Consolidating retirement accounts using auto-portability can protect data.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Benefits Think Strategies to help clients attract and retain top talent
An Aflac executive shares tips for helping clients develop benefit packages workers will love.
Stephanie Shields
Aflac
Medicare B costs for clients projected to rise
“Healthcare prices are increasing at levels that significantly exceed overall inflation,” an expert warns.
Why employees should reconsider early retirement
Unfortunately, physical and cognitive decline are among potential side-effects.
Benefits Think Move over, financial wellness. It’s time for financial flexibility
Employer clients should consider adopting voluntary benefits — such as automated savings programs and employee purchase programs — to help employees better manage expenses.
Elizabeth Halkos
Purchasing Power LLC
Will employer DC plans finally provide lifetime income?
Facing a difficult math problem of planning for retirement, advocates are exploring a path to lifetime income without traditional annuities.
