3 smart money moves for workers in their 40s
One important somber step for 40-something clients is to consider what happens to their assets when they die.
Retirement readiness
Benefits Think How to fix common 401(k) mistakes
After establishing an automatic enrollment program, employers should implement new features to fine-tune employee retirement savings plans.
Janel Leymeister
Conrad Siegel Actuaries
Benefits Think How to fix common 401(k) mistakes
After establishing an automatic enrollment program, employers should implement new features to fine-tune employee retirement savings plans.
Janel Leymeister
Conrad Siegel Actuaries
Christie’s final budget, and no repair for worst-in-U.S. pension
Chris Christie, a Republican with less than 11 months left as New Jersey’s governor, must find a way to balance his final state spending plan after cutting taxes, pledging a higher pension contribution and disclosing a revenue shortfall.
By
Elise Young
Benefits Think Why it is time to rethink DB retirement plans
‘Obsolete and overly restrictive limitations’ are holding back pension plan design, says Principal’s Mike Clark.
Mike Clark
Principal Financial Group
State retirement plans may lose funding before starting
Congress is pushing back against post-work savings programs as states like California, Washington and Oregon begin their initiatives.
Why courage is key to financial wellness success
Employees with a low self-rating of financial knowledge are less likely to engage with the tools and resources employers put in front of them.
Benefits Think What’s the right 401(k) contribution rate?
Employees aren’t saving enough for retirement. But employers can help by offering auto-enrollment and auto-escalation.
Robert C. Lawton
Lawton Retirement Plan Consultants
Benefits Think 3 trends in nonprofit plan modernization
Focusing on sponsor control, governance and design features will lead advisers and clients to innovation.
Aaron Friedman
Principal Financial Group
Two-thirds of Americans aren’t putting money in their 401(k)
Two-thirds of all Americans don’t contribute anything to a 401(k) or other retirement account available through their employer.
State retirement plans may lose funding before starting
Congress is pushing back against post-work savings programs as states like California, Washington and Oregon begin their initiatives.
Benefits Think It’s time to rethink DB retirement plans
‘Obsolete and overly restrictive limitations’ are holding back pension plan design, says Principal’s Mike Clark.
Mike Clark
Principal Financial Group
Benefits Think Don’t repeal the fiduciary rule — fix it
Let’s enact a uniform fiduciary standard so all clients are protected and any appearance of compensation bias is removed, urges John Ludwig.
John Ludwig
LHD Retirement
Benefits Think How to avoid a DOL 401(k) audit
Plan sponsors should always respond to employee inquiries in a timely way and correctly file Form 5500, says retirement adviser Robert Lawton.
Robert C. Lawton
Lawton Retirement Plan Consultants
Benefits Think Why financial wellness is becoming an even bigger benefit trend
More employers are embracing the idea that a financially aware and secure employee is a happier, healthier and more productive individual.
Andrew Brickman
Corporate Synergies
Benefits Think What is the right 401(k) contribution rate?
Employees aren’t saving enough for retirement. But employers can help by offering auto-enrollment and auto-escalation.
Robert C. Lawton
Lawton Retirement Plan Consultants
401(k) balances, contributions at record highs
The average plan balance rose to $92,500 at the end of the fourth quarter, Fidelity Investments reports.
Financial wellness programs lack follow-up services
As benefit providers look to boost their employees’ fiscal well-being, they are often left with more questions.
Financial wellness programs lack follow-up services
As benefit providers look to boost their employees’ fiscal well-being, they are often left with more questions.
Self-employed workers face greater retirement challenges
Contractors and freelancers are not putting adequate planning into their post-work years.
