KFC adds personal finance benefit
The restaurant’s foundation responds to employees’ need for practical money advice.
Retirement income
Seeking lower fees, state colleges are shifting from 403(b)s to multiple employer retirement plans
Small private schools in Wisconsin and Virginia are pooling plan assets and headcounts to gain greater purchasing power.
Why traditional retirement planning isn’t going to cut it
An employee's long life could be the death of their retirement savings.
Seeking lower fees, state colleges are shifting from 403(b)s to multiple employer retirement plans
Small private schools in Wisconsin and Virginia are pooling plan assets and headcounts to gain greater purchasing power.
Employee retirement confidence on the decline
A number of large employers are responding to the troubling trend by offering financial wellness and education programs to employees.
Virginia colleges form 403(b) multiple employer plan
The MEP will initially cover 9,500 employees, but more universities are expected to join.
Benefits Think The five bad investment habits that retirement plan sponsors should consider
By taking these into account, employers can do a better job helping employees prepare for their golden years.
Gregory Kasten
Unified Trust Company
Do employees have to sign up for Medicare at 65?
There can be substantial penalties for those who are late to sign up, but when exactly is that deadline?
Why are 401(k) participation rates so much lower at smaller employers?
A reluctance to auto-enroll employees is one reason, but there are others for companies to consider.
Benefits Think The five bad investment habits that retirement plan sponsors should consider
By taking these into account, employers can do a better job helping employees prepare for their golden years.
Gregory Kasten
Unified Trust Company
Benefits Think American participants in foreign retirement plans need clearer rules
GAO requests that the IRS clarify how taxpayers report their participation to gain understanding of plans that could lead to exemption.
David Powell
Groom Law Group
401(k) features all workers should know
Contributing $300 a month to a 401(k) over 40 years with an average 7% return will result in more than $700,000. So the benefits are there, but do your employees know the details?
Benefits Think Stock plans do not substitute for an ERISA plan
A court determined that when the primary purpose of a stock ownership plan is something other than deferring income or providing retirement income, ERISA may not govern.
Patrick Begos
Robinson+Cole
Why are 401(k) participation rates so much lower at smaller employers?
A reluctance to auto-enroll employees is one reason, but there are others for advisers to consider.
Employee retirement confidence on the decline
A number of large employers are responding to the troubling trend by offering financial wellness and education programs to employees.
Benefits Think Advisers: Here’s how you improve the broken 401(k) plan system
Making plans transferable from employer to employer can help clients attract and retain top talent.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
New pass-through tax break for retirement Income
People looking to retire but wanting to keep a part-time gig will benefit from a new law that gives a 20% deduction for “pass-through entities.”
4 things workers should consider when retiring before a spouse
Employees should look into filing for Social Security as soon as they retire to generate extra income and allow their spouse to delay and grow their retirement benefit.
Merrill Lynch puts a new face on its retirement tools
Updated calculators and a leaner interface are intended to raise awareness of “retirement readiness.”
Uncertain of fiduciary rule, plan sponsors zero in on fees
Regardless of the regulation’s future, employers need to ensure they’re passing costs on to plan participants that are reasonable in light of the services provided.
