Retirement benefits

Gradifi’s growing demand for tuition payment benefits signals growth for the student loan perk among employers.

Advisers are not required to find the best investment for clients -- only what is considered in their best interest.

The company will increase the minimum contribution to its defined benefit pension plan, auto-enroll its 401(k) plan participants and offer employer-paid legal services.

More workers are gaining access to a Roth 401(k), and employees should take advantage of it.

To help employees secure their financial futures, firms should consider their benefits package, worker needs and education efforts.

Scheduling on-site training, attending webinars and preparing yearly checklists are among the best ways employers can fulfill their responsibilities, says benefits lawyer Carol Buckmann.

Plan sponsors should keep in mind that while the coverage isn’t legally required, it’s needed protection if breach accusations occur.

Employees who intend to invest in an IRA and make the most of the account should determine which of a Roth and a traditional IRA will best suit their needs.

Automating contributions that help employees plan to buy a home, welcome a new child or pay off student loan debt could relieve workers’ financial stress.

Plan sponsors are stepping up efforts to help employees save for retirement by adding in automatic features and offering higher matching contributions.