How workers can track down a lost 401(k) or pension
Employees who think they have lost their retirement assets are advised to seek help from the DOL or nonprofit pension counseling centers funded by HHS.
Retirement readiness
Ernst & Young takes aim at financial wellness with a plan of action
Employees have a choice of speaking with either a live financial planner or access virtual advice in a forthcoming fiscal health service.
Benefits Think Moving from the idea of financial wellness into a plan of action
Employees are struggling with financial concerns and employers need to heed their calls for help.
Mark Singer
The Financial Literacy Toolbox
What workers should consider before taking a distribution from a self-directed IRA
Employees should account for the tax ramifications before making such a decision.
Benefits Think Guiding employees before they take hardship distributions from 401(k) plans
New rules to employer retirement plans will impact how your workers face a financial crisis.
B. David Joffe
Bradley Arant Boult Cummings
Women, millennials lag in financial literacy
Employers need to prepare women, younger empoyees and those with low income to prepare for their money emergencies.
How to help employees negotiate their retirement salary
Seniors who are retired or approaching retirement are advised to weigh their options carefully before deciding on how much income to draw from their portfolio
Benefits Think Why employers should help employees understand the benefits of Roth 401(k)s
As a retirement planning tool, contributions to these accounts can offer plan participants a more nuanced approach to retirement saving than a traditional 401(k) plan can on its own.
Kerry Bandow
Willis Towers Watson
Virginia colleges form 403(b) multiple employer plan
The MEP will initially cover 9,500 employees, but more universities are expected to join.
KFC adds personal finance benefit
The restaurant’s foundation responds to employees’ need for practical money advice.
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.
A little-known 401(k) trick can open the floodgates to Roth IRA savings
A Roth IRA is a good savings vehicle for workers who expect to move to a higher tax bracket in retirement.
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