Most people (of all ages) failed this retirement quiz
Only about 20% of Americans know the amount of contributions they can make to their 401(k) plan, according to a new study from TD Ameritrade.
Retirement benefits
Medicare won’t cover this key expense, and it’s eating into retirees’ savings
Dental expenses can eat away a considerable amount of retirees’ savings, but these costs are important to prevent health complications and other medical expenses.
Auto enrollment doesn’t mean employers can set it and forget it
This automatic option requires employers to analyze tough issues like human behavior and inertia.
Is it ever a good idea to hold company stock in a 401(k)?
Heavily weighting any single stock has the potential to make a portfolio more volatile.
Finfit uses gamification for financial education
The financial services company added 38 lessons to teach employees about everything from paying for college to buying a home.
Finfit uses gamification for financial education
The financial services company added 38 lessons to teach employees about everything from paying for college to buying a home.
Trump’s budget could open up this tax-free savings account to people on Medicare
The Trump administration unveiled its proposed budget that includes provisions that would enable Medicare beneficiaries to contribute to a health savings account.
Harry’s adds 401(k) match for employees
The employer added a retirement savings match in January for its more than 300 U.S. workers.
Making the most of a health savings account once you turn 65
Seniors will face a 20% penalty on top of income taxes if they withdraw funds from a health savings account for non-medical expenses before the age of 65.
Nearly two-thirds of Americans are confused about this simple way to save for retirement
Not having a full understanding could hurt workers’ retirement prospects by causing them to possibly miss out on their employer’s match or not reducing their taxable income as much as possible.
CSAA Insurance adds student loan, 401(k) matching benefit
The company joins a growing number of employers offering student loan repayment in conjunction with retirement benefits.
Retirement benefits for millions may be slashed without pension agency reforms, warns GAO
The Pension Benefit Guaranty Corp. is facing a $54 billion deficit for insuring multiemployer plans in unionized industries, says the GAO report.
Benefits Think What employers really want from their benefits broker
Education and enrollment services may have been important in the past, but employers are looking for more help from advisers.
Gil Murdock
DirectPath
U.S. companies get green light on controversial pension payouts
Employers are free to tackle their hefty pension obligations through a one-time, lump-sum payout to retirees and beneficiaries.
How clients are successfully helping young workers retire: Automatic enrollment
Benefits professionals from Newell Brands, Blink Fitness and more say they automatically enroll new employees in a 401(k) program during the onboarding process — and it’s paying off.
Benefits Think What clients really want from their benefits broker
Education and enrollment services may have been differentiators in the past, but advisers need to look beyond these offerings to remain competitive.
Gil Murdock
DirectPath
Protect retirement savings against market crashes
The worst thing investors can do is panic and sell.
Benefit pros on the move: ACI Specialty Benefits, Cetera, Vida Health
These companies are making new hires and promotions in the brokerage, technology and healthcare industries.
HR’s solution for helping younger workers retire: Automatic enrollment
Benefits professionals from Newell Brands, Blink Fitness and more say they automatically enroll new employees in a 401(k) program during the onboarding process — and it’s paying off.
