Retirement readiness

Shorter term Treasury Inflation Protected Securities — those with a bond maturity of zero to five years — do a better job of controlling inflation in a target-date fund than mid-term or long-term TIPS, according to SEI.

Even with disclosure rules in place, it is sometimes hard for plan sponsors to discern the fairness of the fee structures in their retirement plans.

To improve employees’ long-term finances, encourage plan sponsors to look past typical 401(k) metrics and concentrate on a comprehensive approach to financial services.

Challenges include vetting vendors with programs that can help while navigating regulatory, tax questions, says Willis Towers Watson’s Randall Abbott.

To help improve employees’ financial prospects post-work, plan sponsors should look beyond the typical metrics of 401(k) contribution and participation rates and concentrate instead on a comprehensive financial wellness approach.

As co-founder of Captain401, he launched an online platform that helps small businesses quickly and easily set up 401(k) plans.

Challenges include finding and vetting vendors with programs that can help and navigating regulatory and tax questions, says Willis Towers Watson’s Randall Abbott.

The DOL’s April 2017 deadline means employers should start familiarizing themselves now with their responsibilities under the new regulations.

As co-founder of Captain401, Lee launched an online platform that helps small businesses quickly and easily set up 401(k) plans.

The DOL’s April 2017 deadline means employers should start familiarizing themselves now with their responsibilities under the new regulations.