Portable benefits: Perks for the gig economy
With a growing group of workers joining the gig economy, how to keep independent contractors healthy and financially secure may lie in portable benefits.
Retirement benefits
Social Security proposal retains — and even enhances — benefits
It would raise enough new revenue to more than restore long-term balance of the program.
Benefits Think Auto-portability may be key to boost retirement savings for low-income participants
High cash-out rates exacerbate an already challenging situation for some minority retirement savers. Households making $20,000 or less are especially vulnerable.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Forget the 401(k). Let’s invent a new retirement plan
Lawmakers and policymakers should make retirement savings plans universally available if they want to help Americans secure their golden years.
Are employees worrying too much about retirement?
More than two-thirds of retirees say they live as well or better in retirement than when they were working.
Social Security scams are a growing threat to retirees
One tip for seniors: They should register their My Social Security account as early as they can before other people can create the account.
Benefits Think Auto-portability may be key to boost retirement savings for low-income participants
High cash-out rates exacerbate an already challenging situation for some minority retirement-savers. Households making $20K or less are especially vulnerable.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Benefits Think Goodbye group benefits. Hello personalized pay
More clients are tailoring packages to meet the varying wants and needs of workers. They’re offering mixes of bonuses, flex time, paid time off, retirement plans, career development and more.
Bob Wesselkamper
Korn Ferry
Where-to woes of retirement: The pros and cons of retirement housing options
About 77% of people 50 and older want to stay where they are as long as possible, according to a survey. But clients who want to — or have to — move, have a number of options each with pros and cons.
Benefits Think Goodbye group benefits. Hello personalized pay
More employers are tailoring packages to meet the varying wants and needs of workers. They’re offering mixes of bonuses, flex time, paid time off, retirement plans, career development and more.
Bob Wesselkamper
Korn Ferry
New student loan benefit works with 401(k) plans
Thrive is a student loan repayment provider that allows employers to match worker contributions toward their retirement plan, their student loans or a combination of both.
7 things retirees need to know about their 2018 tax return
Seniors are more likely to opt for the standard deduction, which increased under the new tax law, but those who want to maximize their deductions have several considerations.
Can the government help you save for retirement?
Lawmakers this year are expected to pursue measures that will help Americans enhance their retirement prospects.
How to avoid cashing out your 401(k)
A recent ruling by the U.S. Labor Department could open the door for automatic 401(k) transfers between employers, which means fewer workers will be tempted to cash out.
This state revamped its benefits. Then came the hard part
When Rhode Island made several changes to its health plan offerings last year, it rolled out a comprehensive — and creative — communications campaign to help workers understand and appreciate the updates.
These non-essential costs are probably getting in the way of your financial goals
Millennials lag behind in terms of credit card debt and retirement savings, but they spend the most on vacation, dining out and other unnecessary expenses, according to a new study.
Benefits Think Retirement planning from the employer’s perspective
If you can help your clients create a unique benefit for themselves and their employees, they will be able to engage top talent and continue to profit.
William J. Rossi
Koss Olinger
When taking Social Security at 62 could be wise
Conventional wisdom says to postpone filing for benefits until full retirement age or, even better, until your 70th birthday. Are there some cases when that doesn't apply?
3 approaches to setting a withdrawal rate
One approach to determine a retirement withdrawal rate is to set a fixed percentage of their portfolio every year, says an expert. But there are other strategies, as well.
Benefit pros on the move: Lockton, JazzHR, Alegeus
Employers are making new hires in the insurance, brokerage and technology spaces.