A growing percentage of millennials have absolutely nothing saved
Raising the payroll tax is the easy way (in theory); here are other solutions for funding the Social Security shortfall.
Retirement income
Benefits Think 5 ways to boost retirement plan participation
Employers should embrace auto-enrollment, automatically increase employee contributions each year and continually educate workers about 401(k) benefits.
Mark Lamoriello
Lamco Advisory Services
Cash balance plans can help small employers take advantage of tax reform
Industry insiders say smaller firms can benefit from deductions while still maintaining workplace retirement plans.
10 key features of a retirement-ready 401(k)
Auto-enrollment, auto-escalation, participant investment advice and Roth 401(k) availability are among the important traits of a plan.
With stock market volatility, which is better? Robo vs. real advisor
Younger investors may see the market's swing as just another fluctuation in the market, while assuming that time is on their side. Older investors, on the other hand, may be far more stressed.
Benefits Think How tax reform could influence defined benefit funding decisions
The legislation presents many plan sponsors with an immediate opportunity to make a pension contribution in 2018 and obtain a deduction at the higher 2017 tax rate.
Beth Ashmore
Willis Towers Watson
Benefits Think A blueprint for reuniting orphaned 401(k) accounts with their owners
Pension account auto-portability can provide security to millions of retirement-savers across America.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
LGBT workers making strides in retirement readiness
Employers play a big role in the savings success of lesbian, gay, bisexual or transgender employees because they are more likely to plan for and save for their post-work years if their firm sponsors a 401(k).
Benefits Think How tax reform could influence defined benefit funding decisions
The legislation presents many plan sponsors with an immediate opportunity to make a pension contribution in 2018 and obtain a deduction at the higher 2017 tax rate.
Beth Ashmore
Willis Towers Watson
401(k), IRA account balances rise to record levels
Employees continue to increase their contributions to retirement accounts, new Fidelity research finds.
5 to-dos for retirees as volatility returns
Retirees are advised to step back to get a better perspective and then review their asset allocation in their portfolio.
Benefits Think A blueprint for reuniting orphaned 401(k) accounts with their owners
Pension account auto-portability can provide security to millions of retirement-savers across America.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
401(k), IRA account balances rise to record levels
Employees continue to increase their contributions to retirement accounts, new Fidelity research finds.
Where to hide from market volatility if workers are about to retire
Investors are advised to liquidate some assets or transfer them to certificates of deposit and money market funds.
11 changes employers will make to 401(k)s in 2018
More employers will stretch matching contributions, include HSA information in education sessions and incorporate behavioral economics/finance elements in plan design.
LGBT workers making strides in retirement readiness
Employers play a big role in the savings success of lesbian, gay, bisexual or transgender employees because they are more likely to plan for and save for their post-work years if their firm sponsors a 401(k).
Benefits Think Three unique stable value fund benefits that help millennials
Advisers must make the case that stable value funds are a good fit to include in defined contribution plans for risk-averse employees.
Kent Bartell
The Standard
As GE breakup talk heats up, its $31B pension deficit is overlooked
GE’s pension deficit has gotten so big, a misstep could risk leaving the separate units with commitments they ultimately can’t afford to pay.
LGBT workers making strides in retirement readiness
Employers play a big role in the savings success of lesbian, gay, bisexual or transgender employees because they are more likely to plan for and save for their post-work years if their firm sponsors a 401(k).
Benefits Think 401(k) best practices: decision-making and documentation
Plan sponsors should document meetings, put employee needs first and ensure they have a properly structured retirement plan committee.
Robert C. Lawton
Lawton Retirement Plan Consultants