Popular retirement funds are getting hammered as tech stocks plunge
Many popular funds in workplace retirement savings plans are down more than 13% so far this year.
Retirement benefits
How will inflation affect your retirement accounts?
As employees struggle with their daily financial needs, retirement savings is taking a back seat.
Fidelity adds a crypto option to their 401(k) plans
The firm announced it will have a product ready in coming months to allow 401(k) plan participants to direct a portion of their savings into bitcoin.
Millennials save for retirement years earlier than boomers — because they have to
The generation started saving nine years earlier than their parents did.
Benefits Think Preparing for the SECURE Act’s impact on 401(k) eligibility
With IRS guidance on new 401(k) eligibility rules still pending, now is the time to help expand workplace savings plans to include loyal part-time employees.
Amy Ouellette
Vestwell
If you cashed out your retirement plan during COVID, here’s how to rebuild
For people who tapped into their retirement accounts during COVID to manage financial strain, a certified financial planner shares a few ways to get back on track as quickly as possible.
Willis Towers Watson reveals that employers plan to boost retirement benefits this year
As employers anticipate challenges with hiring and retaining their workforce, they’re looking at ways to enhance their retirement plans to stand out from the crowd.
Benefits Think The current retirement landscape: What’s been accomplished and what’s to come?
The looming retirement crisis is multifaceted, as personal savings are historically low, Social Security is headed towards depletion of its surplus and pensions are going extinct.
Chad Parks
Ubiquity Retirement + Savings
How to close the retirement gap between men and women
Women have 30% less retirement savings than men, and it will take more than just a 401(k) benefit to close the gap.
Going green: This startup is bringing sustainability to retirement plans
More than half of workers agreed that they would invest in greener funds if their employer offered them.
More employees are retiring before 65. Are they financially prepared?
Specific, well thought out educational strategies can help the workforce reach their retirement goals.
A paycheck in retirement? MetLife shares why this can help employees once they leave your company
Almost all employees surveyed by MetLife would like their 401(k) savings to be doled out as a guaranteed monthly income.
Ask an Adviser: How do we handle late deposits on 401(k) deferrals?
In the absence of a timely transfer of retirement funds to the recordkeeper, plan sponsors can pursue self-correction or filing through the DOL’s Voluntary Fiduciary Correction Program.
3 ways to support sandwich-generation caregivers
Sandwich-generation caregivers have responsibilities that can quickly spiral out of control without the right support.
Pennies or percentages? Presenting retirement options to help your employees save more
New research from Voya explores how simple shifts in language when explaining 401(k) savings options can be the difference between retirement success or stress.
Benefits Think How advisers can better support the financial needs of working women
Recommending employer-sponsored emergency funds can help reduce financial anxiety when facing unexpected life events that disproportionately affect females.
Kristen Carlisle
Betterment at Work
Benefits Think How to help 401(k) plan sponsors avoid excessive fee lawsuits
RFPs, quality considerations and meticulous paper trails will help plan sponsors stay out of court given the inherent limitations of benchmarking exercises.
Robin Powell
Strategic Benefits Advisors
Benefits Think Why good retirement planning is about much more than money
To achieve a purpose-driven life after work, critical questions must be asked to seed difficult conversations.
Amy Ouellette
Vestwell
How to boost benefits enrollment among Black and Hispanic employees
Retirement plans that shift the approach away from the traditional can reap the rewards, according to experts in an EBRI webinar.
Benefits Think Are today’s plan fiduciaries on the wrong track?
A new approach empowers lay fiduciaries to lead with the wisdom and confidence of a trained “exemplary” fiduciary.
