Retirement education

A lack of widespread auto-portability in the present U.S. retirement system is causing many plan sponsors to pay plan cash-outs to terminated employees.

New data from United Benefit Advisors suggests that firms with fewer than 100 employees can compete for talent along with bigger companies.

Staying in a plan’s qualified default investment alternative rebalances employee accounts and ensures age-appropriate allocations.

Employees gently prodded on retirement contributions can come out ahead.

Employees gently prodded on retirement contributions can come out ahead.

Employees often don’t save enough, and few utilize auto-escalation.

Participants don’t need a million choices to save successfully for retirement.

Employees often don’t save enough, and few utilize auto-escalation.

Companies need to do a better job of offering opportunities, such as flexible work arrangements, to employees who want to stay on the job longer.

Companies need to do a better job of offering opportunities, such as flexible work arrangements, to employees who want to stay on the job longer.

Ron Surz, president of Target Date Solutions, sounds off on the TDF index he created and the fiduciary obligations plan sponsors face in retirement plan fund selection.

The Trump administration is moving to further delay part of an Obama-era rule to require brokers who offer retirement advice to put their customers’ interests ahead of their own.

Guidance is sound if it’s coming from a fiduciary, fits the corporate culture and is comprehensive.

Giving employees the right tools and advice can help to address the retirement savings gap, Mercer says.

Advisers need to view themselves as more than just the overseers of plan compliance and administration and step up as the champions of a competitive organization.

Giving employees the right tools and advice can help to address the retirement savings gap, Mercer says.

Employees have some simple but significant false ideas about their retirement plans. And employers need to do a better job addressing them during education sessions.

With the help of SmartDollar, employees have paid off $522,000 in debt and saved $568,000 over two years.