Retirement savings plans are using workers’ inertia to help them
A retirement savings wave that has been rolling stealthily across corporate America is gaining momentum.
Retirement readiness
Government report sounds alarm on retirement crisis
The government should promote universal access to retirement savings and give workers more options for the spend-down phase of retirement, according to the study.
Benefits Think Why advisers should consider these often overlooked retirement plans
Safe harbor 401(k)s and cash-balance options can often maximize contribution levels while saving plan sponsors’ tax money.
Kim Martin
Rehmann Robson & Co
Government report sounds alarm on retirement crisis
The government should promote universal access to retirement savings and give Americans more options for the spend-down phase of retirement, according to the study.
Workers are retiring later, dying sooner and sicker in-between
The U.S. retirement age is rising, as the government pushes it higher and workers stay in careers longer.
IRS announces 2018 retirement plan contribution limits
Employees will be allowed to put an extra $500 into their 401(k) next year.
What employers should tell employees about the Saver’s Credit
Experts say plan sponsors should educate workers about the retirement program and explain how it can help them for prepare for post-work years.
Benefits Think What advisers need to know about hardship retirement account distributions
The Disaster Tax Relied and Airport and Airway Extension Act provide both hardship distribution tax relief and more generous participation loan rules for those living in areas hit by recent disasters.
Mark Stember
Kilpatrick Townsend
Over 50 and a woman? Better get saving for retirement
An average 50-year-old woman in New York should begin socking away 49% of her income to her retirement account in order to live comfortably in her golden years, according to UBS.
Over 50 and a woman? Better get saving for retirement
This person in New York should begin socking away 49% of her income to her retirement account in order to live comfortably in her golden years.
Greenhouse Software uses robo 401(k) to boost retirement plan enrollment rates
In one year, Betterment for Business has helped the company increase plan participation by more than 60%.
Health savings accounts are good retirement medicine
If a family contributes approximately $6,000 per year to an HSA, compounded at 6% growth for 20 years, that's $234,000 at retirement, says expert.
Benefits Think 3 ways participants are driving a new era of retirement plan design
Increased engagement coupled with changing needs and an easier path to legal action put the onus on plan sponsors to ensure they can defend their strategy and investment choices.
Shelby George
Manning & Napier
Health savings accounts are good retirement medicine
If a family contributes approximately $6,000 per year to an HSA, compounded at 6% growth for 20 years, that's $234,000 at retirement, says expert.
Consolidation hitting third party administrators
Costs are increasingly transparent and plan sponsors want more for their buck.
How plan sponsors can keep their record keeper on track
The two should have set meetings to discuss outstanding issues, strategy and improvements to the retirement plan, explains defined contribution consultant Rhonda Berg.
Benefits Think 3 ways participants are driving a new era of retirement plan design
Increased engagement coupled with changing needs and an easier path to legal action put the onus on plan sponsors to ensure they can defend their strategy and investment choices.
Shelby George
Manning & Napier
Consolidation hitting third party administrators
Costs are increasingly transparent and plan sponsors want more for their buck.
Engagement is key for a successful personal finance benefit
Although ROI for fiscal health programs is about 3:1, employers should measure participation to determine its success.
Engagement is key for a successful personal finance benefit
Although ROI for fiscal health programs is about 3:1, employers should measure participation to determine its success.
