Retirement

Employees should consider limiting their traditional 401(k) savings, as the plans provide taxable distributions that can boost their tax bill in retirement

Younger employees need coaxing and encouragement to save for the future.

Younger employees need coaxing and encouragement to save for the future.

Despite the recent market downturn, workers should remain invested in their employer-sponsored 401(k) plan.

Employers should auto-enroll employees, offer health savings accounts and provide financial education online.

The insurance giant will increase the minimum contribution to its defined benefit pension plan, auto-enroll and auto-escalate its 401(k) deductions and offer employer-sponsored legal services.

A decline in income as a result of the death of a spouse and an increase in medical expenses both pose a serious risk to retirement but can be curbed with proper planning.

Advisers are not required to find the best investment for clients -- only what is considered in their best interest.

The company will increase the minimum contribution to its defined benefit pension plan, auto-enroll its 401(k) plan participants and offer employer-paid legal services.

To help employees secure their financial futures, firms should consider their benefits package, worker needs and education efforts.