benefits committee Archives - Page 5 of 16 - 401k Plan Optimization, Compliance, Investment & Partners

Improved Retirement Confidence Starts with Clarity

By Fred Barstein / adult learning, Behavioral Finance, benefits committee, Benefits integration, Communication, Communication, Confidence, Digital Tools, DOL Guidance, Economy, Employee engagement, Employee happiness, Fiduciary, Financial Advisors, Financial Stress, financial stress management, Financial Wellness, Health & Wellness, inflation concerns, managed financial stress, Peer to peer learning, Retirement Happiness, Retirement Readiness, Retirement Savings Concern

New research from the Employee Benefit Research Institute (EBRI) shows Americans are cautiously confident about their retirement prospects. However, confidence comes from understanding, and many...

401(k) Emergency Withdrawals Now Allowed Under SECURE 2.0

By Fred Barstein / 401k News, Adaptability, benefit education, benefits committee, Change, Communication, Economy, Emergency Savings, Fiduciary, Fiduciary, financial behaviors, financial literacy, Financial Wellness, Health Savings Account, healthcare, Healthcare & other benefits, Retirement Happiness, Retirement Income, Retirement Readiness, Retirement Savings Concern

New guidance is out from the Internal Revenue Service and Dept. of Treasury regarding required minimum distributions (RMDs), including 401(k) withdrawals due to emergency expenses....

Enhancing Recruitment & Retention With Strategic Retirement Plan Design

By Fred Barstein / 401k News, benefits committee, Client connection, Communication, Company Contributions and Vesting, Compensation, Compliance, Economy, Employee happiness, Fiduciary, financial stress management, Financial Wellness, Plan Participation, recruiting

Enhancing Recruitment & Retention With Strategic Retirement Plan Design Designing retirement plans to aid in recruitment and retention is increasingly crucial in today’s competitive job...

Financial Wellness and DEI Are Two Sides of the Same Coin

By Fred Barstein / 401k News, Adaptability, Authenticity, benefits committee, Communication, DC plans, DEI, diversity, Fiduciary, Fiduciary, Financial Wellness, Financial Wellness, Inclusion, nondiscrimination testing, office environment, Regs and Regulators

Employers say the biggest challenges they face in 2024 are financial wellness and diversity, equity, and inclusion (DEI). Good news: They can be addressed together,...

Key Role of Meeting Minutes in Retirement Plan Compliance & Audits

By Fred Barstein / 401k News, 401k rollovers, Audit, benefit education, benefits committee, Benefits integration, Committees, Communication, Compliance, Confidence, DC Plan Sponsors, Detailed Meeting Minutes, Employee feedback, Employee happiness, Employee training, Fiduciary, Financial Wellness, Legislation, Regs and Regulators, Retirement Plan Committee, Retirement Plan Fiduciary, Virtual Meeting

Key Role of Meeting Minutes in Retirement Plan Compliance & Audits Maintaining detailed minutes of committee meetings is essential for companies with retirement plans that...

Leveraging 401(k) Power for Competitive Recruitment

By Fred Barstein / 401k News, auto enroll, auto escalate, benefit education, benefits committee, Benefits integration, collaboration, Communication, DC Plan Sponsors, Diversity equity inclusion, Employee happiness, Employer Contribution, Fiduciary, Financial Wellness, Health & Wellness, hiring, Job growth, office environment, onboarding, participation, Plan Optimization, Recruiting and Retaining Talent, Vesting

Leveraging 401(k) Power for Competitive Recruitment In today’s fiercely competitive job market, companies need to differentiate themselves by offering more than just a competitive salary. ...

Financial Wellness Programs: Vital Considerations for 2024

By Fred Barstein / 401k News, benefit education, benefits committee, Communication, Confidence, Creative approach, Economy, education, Employee Benefits, Employee training, Fiduciary, Financial Wellness, financial wellness programs, Health & Wellness, inflation stress, managed financial stress, personal financial advice

Financial wellness programs should not be overlooked in 2024, particularly by employers. Financial stress is currently at an all-time high, with workers burdened by...

Financial Wellness Benefits Have Become “Table Stakes”

By Fred Barstein / 401k News, benefit education, benefits committee, Communication, Company Contributions and Vesting, Compensation, Convergence, debt relief, Diversity equity inclusion, DOL, Economy, Employee Benefits, Employee engagement, Employee happiness, Fiduciary, Fiduciary, Financial Advisors, financial stress management, Financial Wellness, Future Self, Health & Wellness, hiring, Inclusion, inflation concerns, investment, Job growth, Legislation, Lifestyle Benefits, millennials, multi-generational workforce, Retirement Happiness, SECURE 2.0, Secure Act Changes, student loan debt

Financial Wellness Benefits Table Stakes

Economic and market indicators appear to be stronger than anticipated. Stocks are up, unemployment is down, wages are growing faster than the rate of inflation,...

Maximizing Retirement Plans: The Vital Role of TPAs and Advisors

By Fred Barstein / 401k News, benefit education, benefits committee, Client connection, Communication, Compensation, Compliance, Convergence, Cyber Security, DC plans, Digital Design, Digital Tools, DOL Guidance, Due Diligence, Fiduciary, Financial Advisors, Financial Security, Financial Wellness, Managed Accounts, Private Wealth & Retirement Planning, Recordkeeping, Regs and Regulators, Retirement Happiness, Retirement Readiness, Target Date Funds

A good Third-Party Administrator (TPA) plays a crucial role in managing and administering retirement plans, providing a range of services that ensure compliance, efficiency,...

SECURE 2.0 Saver’s Match Would Help Make Retirement Savings More Inclusive

By Fred Barstein / 401k News, Adaptability, benefits committee, Communication, diversity, Diversity equity inclusion, Employee feedback, Employee happiness, evolving and adapting, Fiduciary, Financial Stress, Financial Wellness, Inclusion, Millennial saving, multi-generational workforce, Retirement Readiness, Retirement Savings Concern, SECURE 2.0

SECURE 2.0 includes a government saver’s match provision that would help boost retirement savings for many Americans, including those in specific demographics. Set to take...