What the end of IBM’s 401(k) match could mean for the future of retirement plans
Does the tech giant's move signal the return of pensions? John Lowell of October Three consulting weighs in.
Retirement benefits
Younger baby boomers face deep shortfall in retirement savings
Baby boomers tend to be viewed as one group. But thanks to the Great Recession, younger boomers have had a much harder time saving for retirement.
Benefits Think Retirement’s perfect storm is brewing. How automated portability can offer shelter
Sharp increases in 401(k) account withdrawals spell trouble for plan participants, sponsors and recordkeepers.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Striking UAW members want higher wages — and the return of pensions
United Auto Workers members who were hired prior to the 2008 financial crisis have pensions, those brought on since have received 401(k) plans instead.
Benefits Think A legal opinion of ERISA threatens to ignite class action challenges to retirement plan fees
The Ninth Circuit's opinion in Bugielski v. AT&T found negotiation of a standard recordkeeping contract to be a prohibited transaction.
Ada W. Dolph
Seyfarth Shaw LLP
October Three’s John Lowell is bringing the best of 401(k)s and pensions to retirement
Lowell and his team see the "plan of the future" as something that provides flexibility and personalization in retirement.
Missing money: 35% of Gen X has less than $10k in retirement savings
A new survey from Prudential highlights the needs for a strategy change among the next group in line to leave the workforce.
Benefits Think Building a bridge to financial wellness for your employees
Earned wage access is one way employers can empower employees as economic insecurity continues to loom.
Geoffrey Crossan
Wisely by ADP
401(k) catch-up questions leave high earners in limbo
The challenges and opportunities of required Roth contributions are taking a backseat for now to legislative and operational messes from the Secure 2.0 law.
Benefits Think How to unburden plan sponsors as they evaluate 401(k) performance
Technology, user-experience design and greater transparency are key components along the road to realizing greater clarity.
Raul Valdes-Perez
OnlyBoth
Benefits Think The new urgency for mitigating 401(k) account cash-outs
Authors of a recent study suggest educating employees about the consequences of premature withdrawals and allocating contributions to "sidecar" accounts.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
LGBTQ employees are heading for a ‘retirement crisis’
High debt, paired with persistent income inequality, has left LGBTQ employees unprepared for retirement.
Benefits Think Helping employees navigate phased retirement
Understanding savings options is crucial for making decisions that impact financial future.
Barbara Van Zomeren
Ascensus
Are automatic rollovers the way of the future?
A 401(k) feature called auto-portability could save Americans trillions of dollars. Why isn't it more common?
Is retirement out of reach? How employers can help workers shore up 401(k)s and savings
Experts from Microsoft, Bank of America and more spotlight easy-to-implement methods to improve employees' financial futures.
What’s the future of retirement? Advisers break down ‘non-traditional’ assets
From digital currencies and ESG-focused funds, the demand for diversification is at an all time high.
Generation 401(k): Why Gen Z workers are saving more for retirement
Auto-enrollment is helping Gen Z Americans save much more actively than the 20-somethings of yesteryear.
Benefits Think Financial literacy can close the minority wealth gap for retirement savings
Up to 63% of Black Americans and 57% of Latinos cash out accounts within a year of a job change.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Almost half of Americans cash out their 401(k)s when changing jobs
More than 41% of U.S. workers drain their retirement savings when they quit or get fired, according to a new study. Why?
Could a return to pensions solve the impending retirement crisis?
John Lowell, partner at October Three benefit and retirement consultancy, outlines his vision for the retirement plan of the future.
