Retirement benefits

Convincing younger workers they need to prepare for their post-work years can be a challenge. Here’s how adviser can reach their distracted clients.

Flush with money, firms took a proactive approach in 2017 by contributing discretionary amounts in order to satisfy objectives beyond the government-mandated minimum.

When employees are distracted by financial pressures, productivity dives. Here’s how advisers can help their clients mitigate the effects.

Employees should consider limiting their traditional 401(k) savings, as the plans provide taxable distributions that can boost their tax bill in retirement

Younger employees need coaxing and encouragement to save for the future.

Younger employees need coaxing and encouragement to save for the future.

Employers should auto-enroll employees, offer health savings accounts and provide financial education online.

The insurance giant will increase the minimum contribution to its defined benefit pension plan, auto-enroll and auto-escalate its 401(k) deductions and offer employer-sponsored legal services.

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.

Aflac, Chipotle, Starbucks and Visa are among the employers investing their tax savings back into the workplace.

Working seniors who intend to start collecting Social Security benefits in the middle of the year should know about the monthly earnings test.