Retirement savings hit record rates despite great resignation
Retirement account balances and savings rates hit record highs in 2021, despite market fluctuations and the great resignation.
Retirement benefits
Benefits Think Amidst the Great Resignation, retirement-savings portability is more vital than ever
Tech solutions can help prevent plan participants who are quitting their jobs from forgetting about the 401(k) savings accounts they leave behind.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Benefits Think What the Pension Protection Act has taught us about saving for retirement
More than 15 years after the landmark legislation was passed into law, we now understand the challenges of workforce mobility — but we also know how to respond to them.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Benefits Think Now is the time to auto-enroll in retirement savings
Procedures that minimize pain points on plan corrections will help sway anyone who is still on the fence about this hot topic.
Amy Ouellette
Vestwell
Benefits Think Want to retire? Your brain could get in the way
Some of the otherwise helpful mental shortcuts we use in our day-to-day make it hard to focus on what our lives will be like decades down the road.
Kristina Wallender
Human Interest
Not your grandpa’s retirement: How the end-of-work landscape has changed
New legislation may help employees get back on the right path for retirement.
Benefits Think Why we need to elevate fiduciary duty to a higher level
The word “fiduciary” has become an overused marketing term for many in the financial-services industry.
Ask an Adviser: How can compliance test reviews be less overwhelming?
By focusing on certain key areas, retirement plan sponsors can make the most of this annual process.
10 cities where your retirement dollars will go the furthest
Locales in Florida top the ten best cities for retirement, for their affordability and access to quality healthcare.
To make 401(k)s more accessible, this company is helping make them portable
The current system doesn’t support the growing independent workforce, hybrid teams and isn’t supported by evolving digital technology — which could have big repercussions for employers.
Steps employers can take to help employees maximize their retirement
Anthony Bunnell, head of retirement for Morgan Stanley at Work, shared how to secure a financially sound retirement.
Schwab bests BofA and AIG in J.D. Power’s first digital 401(k) study
Plan participants gave firms low marks in fundamental areas, though some performed better than others.
Excellence in advising: This consultant unlocks the path to retirement
Duncan McNiff, a senior consultant at Portfolio Evaluations, is helping employers prepare their employees for the future.
Employees may be losing out on $700K in ‘forgotten’ 401(k)s
As more and more employees gear up to leave their jobs in a post-pandemic hiring frenzy, economists fear the issue will only get worse.
There are more 401(k) and IRA millionaires than ever
Unsurprisingly, since they’ve owned 401(k)s for longer, boomers make up a lot of the 401(k) millionaires — the average age is 58.
Benefits Think Turning allocations toward income: How default options can boost retirement savings
The case for better aligning default options with income needs is undeniable. But how can we best implement these choices?
Tim Walsh
TIAA
Benefits Think Don’t relegate lost and missing accounts to the lost and found — consolidate them in the retirement system
14.8 million participants switch employers every year — and 33% of workers have stranded a 401(k) savings account in a former employer’s plan at least once.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
How The Mom Project is helping women maximize their retirement savings
Employees often ignore their 401(k)s when they change jobs, leaving valuable assets behind.
Your 401(k) plan could be burning down the rainforest
This company released a corporate report card so employees know what their retirement investments are going toward — and whether or not it lines up with their own values.
Benefits Think Will COVID-19 affect pension funding liabilities?
Looking ahead, there are many arguments that the overall changes brought about by the pandemic could serve to improve future lifespans.
Scott Kropf
Buck