Student Loan Wage Garnishment Is Back and Employers Are on the Front Line
After years on pause, student loan wage garnishment has officially returned. The Department of Education confirmed that garnishment notices went out the week of Jan....
Communication
How Advisor Engagement Drives Higher Retirement Plan Participation
Working with a retirement plan advisor to increase participation is one of the most effective ways to strengthen an organization’s benefits strategy and improve long-term...
Recordkeeper Switches Can Go Wrong Fast. Is Your Plan Protected?
Switching recordkeepers might seem like a straightforward administrative move, but when things go sideways, the consequences can be severe. A recent lawsuit against a Florida...
Why Employee Education Requires More Than One Method
Employee education requires more than one method because no single approach can effectively reach an entire workforce. Employees have different schedules, learning styles, comfort levels,...
Most Employers Now Offer or Plan to Offer Emergency Savings Accounts
Many American workers are living paycheck to paycheck, unable to cover even a modest unexpected expense. This financial fragility is prompting more employers to add...
Why Participant Loans Can Strengthen Retirement Readiness
Participant loans, when structured thoughtfully, can actually strengthen the overall retirement experience by reducing financial stress for employees. Knowing they can access a portion of...
Why Fiduciary Confusion Still Plagues Plan Sponsors
Despite the rapid evolution of the retirement industry, one challenge continues to surface among plan sponsors nationwide: persistent confusion surrounding fiduciary roles. Even though more...
Why Employee Communication Matters in Financial Literacy
Employee communication is essential for building financial literacy, especially around retirement benefits. Even the strongest 401(k) plan won’t have its intended impact if employees don’t...
The 3(21) vs. 3(38) Debate: Why Delegation Doesn’t Mean You’re Off the Hook
The promise sounds appealing: hire a fiduciary advisor, hand over investment decisions, and sleep better at night knowing someone else is handling the heavy lifting. ...
Why Many Small 401(k) Plans Still Resist Auto Features — and How Advisors Can Help
Despite growing awareness of the benefits of automatic features like auto-enrollment and auto-escalation, many smaller 401(k) and 403(b) plans still trail larger ones in adopting...
