Benefits Think The big mistakes employers make when setting up 401(k) plans
Deciding against auto-enrolling employees in retirement plans is a big miss benefit managers keep making.
Amy Ouellette
Vestwell
Wealth management
SaverLife expands financial wellness benefit platform
“If you just start talking about retirement savings, that can feel out of reach for a lot of people,” says CEO Leigh Phillips.
HR executives embracing holistic wellness as top benefit in 2020
The definition of employee wellness is expanding to include student loan debt relief, EAPs and retirement benefits, experts say.
When retirement expectations meet reality
Financial planners should at least consider modeling early retirement to prepare clients for the possibility of uncertainty, says Morningstar.
Benefits Think From 401(k)s to stretch IRAs, what the Secure Act means for clients
This recently passed bill is groundbreaking retirement legislation and will substantially alter the landscape for employer-sponsored retirement plans and individual savers.
Dan Collins
Commonwealth Financial Network
10 best states for retirement
Virginia and Colorado are among the most-appealing locations for employees to spend their golden years in 2019, due in part to top scores in affordability, health-related factors and overall quality of life.
The 15 most popular employee perks
These are the most coveted non-insurance and retirement benefits, according to employees surveyed by Unum.
Female directors meet or beat men in financial expertise
In emerging markets, women on boards were more likely than men to have financial expertise.
Nonprofit launches student debt benefits program for employees
About 65% of the staff at Northern Rivers Family Service are burdened with education loans.
IRS advises employers to educate workforce on new W-4
While seasoned employees won’t have to fill out the forms, all employees should be aware of how their tax situation may be affected.
E-Trade boosts employer wellness offerings with acquisition of Gradifi
“Tackling student debt is vital today if we hope to set employees up for long-term financial success,” says Scott Whatley, president of E-Trade.
Digital tools key in encouraging financial wellness and savings, experts say
Prudential offers solutions for employees struggling to reach their goals.
CommonBond partnership seeks to unburden workers of student loan debt
Employees are prioritizing debt repayment over other financial goals.
Key to employee retention: build your own benefit plans
A benefit adviser says one-size-fits-all packages won’t attract and retain talent when so many generations are in the workforce.
Benefits Think Why using a 401(k) to pay for emergencies is hurting employers and employees
An increasing number of employers are tapping into their 401(k) to pay for emergency expenses. Financial education and flexible benefits are key to helping employees refrain from this practice.
Rob Whalen
PTO Exchange
Ally Financial wants to help its employees pay for education
The company is boosting its tuition reimbursement, college savings and student loan debt repayment benefits.
Blue Cross Blue Shield of Massachusetts takes steps to ease employee student debt
Associates have access to a suite of loan solutions, including a monthly $75 contribution.
Rippling adds new corporate credit card feature
The new integration allows employers to give workers access to cards during onboarding.
Trilogy Health Services expands student loan repayment benefits
Employees have access to repayment assistance, scholarships, and a financial wellness platform.
3 ways retirement plan design can address workforce challenges
These benefits should be customized to align with the unique needs of employees.
