Retirement benefits

From robo-advisers to virtual benefit counselors, employers today have an array of solutions to meet the needs of their tech-savvy workforces.

A recent report from the Bipartisan Policy Center suggests that companies with at least 50 workers should be required to enroll them in some type of retirement plan.

In recent years, the number of employees who’ve started contributing to their 401(k) plans or increased their deferrals has grown significantly, suggesting employers’ messages are getting through.

Employers need to offer a broad range of investment options in their 401(k) plans, including asset classes that may do reasonably well in a low interest rate environment, according to TIAA’s Roger Ferguson.

This group tends to have low levels of financial literacy, even among those with high levels of education and income, finds a report from Principal Global Investors.

With retirement accounts being affected by the upcoming fiduciary rule, many advisers aren’t sure what their first step should be.

Firm targets younger employees and those without a traditional desk job with online, on-the-go application.

The bipartisan bill from by Sen. Elizabeth Warren and Sen. Mike Lee would allow these students to save their fellowship and stipend compensation in an individual retirement account.

When employees change jobs and cash out their plan balance, they often do it over a period of years rather than all at once, according to Retirement Clearinghouse’s Spencer Williams.

In recent years, the number of employees who’ve started contributing to their 401(k) plans or increased their deferrals has grown significantly, suggesting employers’ messages are getting through.