Top 20 employee benefits
With company perks being a key attraction and retention tool, here’s a list of some of the best ones innovative employers are offering.
Retirement benefits
401(k) and IRA balances reach record highs
Hot stock market is driving most of the growth but automatic enrollment is helping too.
Plan sponsors must meet end of the year obligations
Both defined benefit and defined contribution program overseers need to update their costs and strategies before January.
Benefits Think How to reunite employees with their old 401(k) accounts
Workers often don’t aggregate old retirement savings plans at new jobs, leaving behind orphaned accounts that need attention.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Q&A: Why millennial small business owners are investing in benefits
Carriers need to focus their digital efforts on education to attract younger clients, says Amy Friedrich of Principal Financial Group.
How Aetna eased its employees’ financial worries
After noticing that workers were borrowing against their 401(k)s, the insurer launched a fiscal wellbeing program to address their money woes.
5 early retirees share their top money-saving tip
Workers should learn to reduce their housing, transportation and food costs, cut unnecessary expenses, and develop the habit of packing their lunch to work.
Benefits Think Tax reform bill increases scope of hardship withdrawal options
With congressional action making 401(k) plan savings leakage more likely, advisers must increase focus on holistic financial wellness as a preventative measure.
Jess DeGabriele
LHD Retirement
5 early retirees share their top money-saving tip
Clients should learn to reduce their housing, transportation and food costs, cut unnecessary expenses, and develop the habit of packing their lunch to work.
How Aetna eased its employees’ financial worries
After noticing that workers were borrowing against their 401(k)s, the insurer launched a fiscal wellbeing program to address their money woes.
How to find workers’ lost 401(k) benefits
Employees should search the Department of Labor's Form 5500 filings to get their former employer's contact information.
How to find clients’ lost 401(k) benefits
Clients should search the Department of Labor's Form 5500 filings to get their former employer's contact information.
For employers, lack of ACA changes in tax proposal signals healthcare stability
However, many organizations still hoping Congress takes on Cadillac tax and other insurance levies.
Could changes to 401(k) plans still be on the table?
Revisions to the House tax plan are expected and experts advise employers to continue thinking about retirement plan alternatives.
Benefits Think Limiting Pre-Tax 401(k) contributions would have helped employees
By leaving retirement accounts as is, Congress missed an opportunity to help workers who have not saved for the future.
Robert C. Lawton
Lawton Retirement Plan Consultants
Don’t overlook the ‘kiddie tax’ when naming IRA beneficiaries
Clients who intend to name minor children as beneficiaries of their IRAs should take taxes into consideration before making a decision.
Don’t overlook the ‘kiddie tax’ when naming IRA beneficiaries
Clients who intend to name minor children as beneficiaries of their IRAs should take into consideration the "kiddie tax" before making a decision.
House tax bill includes ‘no changes’ to 401(k) retirement plans
It is also not expected to repeal the Obamacare individual mandate.
What a $2,400 pre-tax cap and ‘Rothification’ could mean for 401(k) plans
GOP tax reform could have employers re-thinking how they can best help employees to save for retirement.
Will the ‘tax torpedo’ blow up workers’ retirement?
Retirees are often pushed into a different tax bracket with many paying more in retirement than they were while working.
