Auto Portability Archives - 401k Plan Optimization, Compliance, Investment & Partners

Smarter Saving Through Auto-Escalation

By Fred Barstein / 401k plan, auto enroll, auto escalate, Auto Portability, Compensation, DC Plan Sponsors, Employee engagement, Employee feedback, Fiduciary, Financial Wellness, Retirement Readiness

Smarter Saving Through Auto-Escalation Automatic enrollment with auto-escalation is not only a smart way to help employees save more for retirement—it gets them started right...

Navigating 401(k) Forfeitures During Layoffs

By Fred Barstein / 401(k) Forfeitures, 401k News, Auto Portability, Communication, Company Contributions and Vesting, Compensation, education, Employee engagement, Employee happiness, employer match, financial wellness

With large-scale layoffs making headlines and more than 30 pending ERISA class action lawsuits targeting the misuse of forfeited 401(k) funds, plan sponsors need to...

401(k) Plans Offer a Strategic Advantage in Economic Downturns

By Fred Barstein / 401k News, 401k plan, 401k rollovers, auto enroll, auto escalate, Auto Portability, Communication, DC plans, diversity, diversity, Economy, Employee engagement, employer match, Financial Security, Financial Wellness, Independence planning, investment, Investment Managers, Recordkeeping

Recessions don’t announce themselves with a save-the-date card. When they arrive, plan sponsors and ERISA fiduciaries face mounting pressure to safeguard participants’ retirement savings. The...

Effective Retirement Plan Design Can Help Boost Participation and Savings Rates

By Fred Barstein / Adaptability, auto enroll, Auto Portability, benefit education, DC plans, Economy, Emergency Savings, Employee engagement, Fiduciary, Ideal Plan, investment, participation, Plan Participation, Retirement Readiness, Retirement Savings Concern, Savings Rates

Retirement Plan Design Participation Savings

Although retirement planning is a top priority for many Americans, significant barriers persist. Nearly one in four workers with access to employer-sponsored retirement plans don’t...

Employee Education: Key to Ensuring Financial Security for Retirement

By Fred Barstein / Auto Portability, benefits committee, Communication, Early retirement, education, Emergency Savings, Employee happiness, Fiduciary, Financial Wellness, Retirement Readiness

Employee Education: Key to Ensuring Financial Security for Retirement Employee education is key to ensuring financial security for retirement, especially when it comes to 401(k)...

New Auto Savings Features Could Help Address the Job Mobility Challenge

By Fred Barstein / 401k rollovers, Adaptability, auto enroll, auto escalate, Auto Portability, auto re-enroll, Changing dynamics, Company Contributions and Vesting, Consolidation, DC plans, Economy, Financial Wellness, Financial Wellness, investment, participation, Plan Participation, Regs and Regulators

The average employee changes jobs nine times throughout their career, creating a challenge for traditional 401(k) savers. A recent panel discussion hosted by the Brookings...

Auto-Enrollment: Breaking Barriers to Retirement Savings

By Fred Barstein / 6th Annual RPA Broker/Dealer Roundtable, adult learning, auto enroll, auto escalate, Auto Portability, benefit education, benefits committee, CEO Engagement, Changing dynamics, Changing Recordkeepers, Communication, DC Plan Sponsors, Early retirement, Employee happiness, employer match, Fiduciary, financial literacy, Financial Wellness, product quality, Savings Rates, specialized team

Auto-Enrollment: Breaking Barriers to Retirement Savings Saving for retirement can be challenging for many employees. Financial constraints, lack of awareness, or simply not knowing where...

Auto Portability: A Potential Game-Changer for Retirement Savings in America

By Fred Barstein / 401k News, Auto Portability, Benefits integration, Consolidation, Convergence, diversity, Diversity equity inclusion, Employee engagement, Financial Wellness, investment, onboarding, participation, Savings Rates

Auto portability is a powerful innovation that’s addressing one of the most persistent challenges in the retirement industry: lost and forgotten 401(k) accounts. Auto portability...

Is a PEO the Right Fit for Your Small Business?

By Fred Barstein / 401k News, Adaptability, auto enroll, auto escalate, Auto Portability, benefit education, benefits committee, Benefits integration, collaboration, Communication, Compliance, DC plans, Financial Wellness, Health & Wellness, healthcare, Healthcare & other benefits, HR, PEO, Record Keepers, Retirement Committee

Is a PEO the Right Fit for Your Small Business? For small businesses, managing employee benefits and retirement plans is a critical but challenging responsibility. ...

Transforming 401(k) Plans Through AI

By Fred Barstein / 401k News, AI, artificial intelligence, auto enroll, Auto Portability, automation, Benchmarking & Monitoring Fees & Partners, benefit education, Client connection, Communication, Consolidation, DC Plan Sponsors, Digital Tools, Economy, ESG, Fiduciary, Financial Advisors, financial literacy, Financial Wellness, innovation, Managed Accounts, Regs and Regulators, Robo Advisor Technology, Selecting & Monitoring

Artificial intelligence (AI) could transform the 401(k) industry in a way similar to the impact behavioral finance has had on retirement planning. While the industry...