Wealth management

With its launch of the new 401(k) feature “How Do I Compare,” Putnam Investments allows plan participants to compare their progress in saving for retirement with their peer group and top-tier savers. This tool takes advantage of employees’ natural inclination to keep up with the “Joneses” by applying this psychology to their nest egg.

Now that baby boomer and older generations are moving into and past retirement, it's important for financial advisers to understand how to recruit and sell to generations X and Y.

Employers are saving an average of $1,500 per worker in HSA-qualified health plan premiums, according to a 2013 survey by Kaiser and HRET. In 2012 alone, the Wells Fargo-administered HSA program saved U.S. businesses an additional $25 million in payroll taxes. This year, the total savings will top $40 million.

New research from the Employee Benefit Research Institute says that the health savings accounts saw significant increases in 2013 when compared to employer-funded health reimbursement arrangements due to funding structures.

Vanguard is partnering with HelloWallet to offer financial education to employees within 401(k) plans that the Valley Forge, Pa.-based investment company administers, a firm spokesperson confirmed today.

The Massachusetts Pension Reserves Investment Management Board grew its defined benefit retirement portfolio’s assets by $7.9 billion in 2013 thanks to 15.2% investment return.

As you work with your investment adviser on the content of your annual 401(k) plan employee education sessions, now is the time to determine whether it makes sense to re-enroll all of your participants into your Qualified Default Investment Alternative funds.

Although market projections look strong, 49% of retirement plan participants are making more conservative investments and leaning toward a fixed income; however, they lack knowledge over its role in their portfolios, according to a new study by State Street Global Advisors.

Law firms, anesthesiologists and even the National Basketball Association are among the most generous employers when it comes to their 401(k) plans, according to investment research firm Brightscope.

Help your participants stay on the path to retirement readiness. From setting goals to maximizing contributions, here are the key messages to emphasize with 401(k) plan members.

Although many baby boomers report that they plan on working beyond retirement age, employers could face talent issues if they do not plan for these departing employees, according to research by Challenger, Gray & Christmas, an outplacement and career transitioning firm in Chicago.

Six things plan sponsors should expect from their retirement advisers in 2014 annual review season.

The past year has seen, at long last, a tremendous rebound for 401(k) accounts and that good news hopefully can help drive better participant engagement. To secure retirement outcomes in defined contribution plans, human resources consulting firm Mercer outlines 10 steps plan sponsors should take in 2014.

From revenue sharing to the effects of inflation on retirement readiness, guest blogger Robert C. Lawton outlines five areas plan sponsors need to pay attention to in 2014.

Retirement plan sponsors should already be well on their way to complying with key year-end regulatory deadlines. Still, here are 9 items to look at to ensure your plans remain compliant into the new year, courtesy of Sibson Consulting.

What does next year look like for retirement plan sponsors and participants? Here’s an early call on what many experts expect to see.

As baby boomers plan to retire in the next five years, nonprofit organizations are readying for the challenges ahead. More than a third of nonprofits surveyed by the Plan Sponsor Council of America anticipate difficulties recruiting staff to fill vacancies left by retiring boomers.

When it comes to taking care of their own finances, it turns out that financial advisers aren’t much better than their clients, an FPA poll finds.

There are plenty of positives in moving your participants into a Roth 401(k), but the costs – and the long-term stability of government promises themselves – may require extra thought.

From active trading to company matches, here are some common misconceptions — and the reality — your employees may have about their 401(k) plans.