Tomorrow’s lesson plan: Tutoring teachers how to retire
Durham Public Schools institutes Financial Fitness program to boost employees’ financial acumen.
Retirement income
Benefits Think Four reasons to integrate health savings into retirement
HSAs can address future costs, they’re triple tax-free, integrate with existing plans and can boost employee recruitment.
Jonathan Maertz
Bronfman Rothschild
The top 25 401(k) plans
AT&T, Boeing, Costco, IBM and JPMorgan Chase are among the country’s leading retirement plans based on plan-year-end net assets as of April 9, according to miEdge data.
Benefits Think The case for an HSA-first investment strategy
Employees should first max out HSA contributions regardless of their tax bracket, and contribute to their traditional retirement plans afterwards.
Josh Collins
NueSynergy
Just how valuable are the tax advantages of retirement accounts?
Historical simulations show that the value of investing in these accounts is getting an average of 1.7% in additional earnings.
Retirees: Stop paying attention to the markets
Short-term returns are mostly noise, which, by definition, largely cancels itself out over time
Retirees: Stop paying attention to the markets
Short-term returns are mostly noise, which, by definition, largely cancels itself out over time
You call that 401(k) diversification? Take a closer look
Franklin Templeton’s Drew Carrington sounds off on why plan sponsor reluctance to try something new is problematic for employees.
You call that 401(k) diversification? Take a closer look
Franklin Templeton’s Drew Carrington sounds off on why plan sponsor reluctance to try something new is problematic for employees.
Conditions are ripe for employers to derisk their pension plan
Federal Express is the latest large company to purchase an annuity for its current retirees in an effort to keep the plan solvent.
Benefits Think A new solution to tackle the old problem of missing 401(k)s
Plan sponsors can help find retirement accounts with the help of “auto-locate,” a technology that creates links between record-keeping systems and establishes a virtual database of all employee records.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Conditions are ripe for employers to derisk their pension plan
Federal Express is the latest large company to purchase an annuity for its current retirees in an effort to keep the plan solvent.
Think saving for retirement is unrealistic? Try retiring with no savings
A new survey finds that three-quarters of baby boomers expect to postpone retirement due to a unrealistic expectations of medical expenses, among other reasons.
Think saving for retirement is unrealistic? Try retiring with no savings
A new survey finds that three-quarters of baby boomers expect to postpone retirement due to a unrealistic expectations of medical expenses, among other reasons.
Benefits Think Are your employees banking too much on unused sick days for retirement?
How to deal with the biggest IRS issue employers didn’t know they had.
Bruce Nelson
Precision Retirement Group
The surprising thing seniors miss the most about pre-retirement life
Working longer can be a great decision, as it will allow seniors to keep themselves healthy as well as allow them to delay filing for Social Security benefits.
Hundreds of companies now help employees pay student loans
Experts are expecting more companies to offer student loan assistance, but a lack of tax benefits could stall the growing popularity of this benefit.
Benefits Think 401(k) account consolidation: The key to reducing lost participants
The best way for plan sponsors to keep missing retirement participants to a minimum is to adopt auto-portability for accounts with less than $5,000, and actively encourage account consolidation among those with larger balances.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Don’t rely on markets to plug pension shortfall, Prudential says
Prudential’s analysis underscores the challenges that companies face as low interest rates, which increase pension liabilities, and substantial payouts to retirees temper the benefits generated by rising equity markets.
Why do so many workers claim Social Security at 62?
Some are forced to retire early because of disability, layoff and health issues, while others fear that the program will reduce future benefit payouts as a result of its financial woes.
