Compensation Archives - Page 3 of 6 - 401k Plan Optimization, Compliance, Investment & Partners

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,...

Boosting 401(k) Contributions: Employer Strategies for Financial Wellness

By Fred Barstein / 401k News, auto enroll, auto escalate, benefits committee, boosting 401(k) contributions, Communication, Compensation, Employee happiness, Employer Contribution, employer match

Encouraging employees to boost their contributions to their 401(k) plans is not just about securing their financial future; it’s also a strategic move for...

Low-Income Earners, Women Face Unique Barriers to Retirement Savings

By Fred Barstein / 401k News, Communication, Compensation, Economy, Employee happiness, Fiduciary, Financial Security, financial stress, financial uncertainty, Financial Wellness, inflation concerns, inflation stress, Job growth, retirement security, Senior Management Engagement

It isn’t easy for most Americans to save for retirement, especially in recent years amid soaring inflation and persistent economic uncertainty. However, certain demographics are...

Innovative Benefits for Working Parents to Prevent Retirement Regrets

By Fred Barstein / Adaptability, adult learning, benefit education, benefits committee, Benefits integration, Communication, Compensation, Confidence, Convergence, debt relief, Emergency Savings, Employee happiness, Fiduciary, financial stress, financial stress management, Financial Wellness, Health & Wellness, healthcare, Inclusion, Retirement Plan Committee

The majority of current retirees have regrets about their retirement savings. Specifically, 86% wishes they had saved more for their post-working years, according to a...

Evolving Expectations: The New Era for 401(k) Plan Advisors

By Fred Barstein / 401k News, Adaptability, Authenticity, Benchmarking Fees, benefit education, Client connection, Communication, Compensation, competition, Compliance, Creative approach, DC plans, Employee happiness, Fiduciary, Financial Advisors, Financial Wellness

As the dynamics of 401(k) plan management grow increasingly complex, plan sponsors are intensifying their demands for more competent and transparent advisors. This trend, illuminated...

Several SECURE 2.0 Provisions Taking Effect

By Fred Barstein / benefit education, benefits committee, Communication, Compensation, DC plans, Employee engagement, erisa, Fiduciary, Insurance, Managed Accounts, participation, SECURE 2.0, Student Loan Debt

The SECURE 2.0 Act is making headlines, as several provisions take effect as of this year. Passed in 2022, SECURE 2.0 is designed to improve...

Embrace Flexibility in Your Retirement Committee Selection

By Fred Barstein / benefit education, benefits committee, Committees, Communication, Compensation, Creative approach, DC Plan Sponsors, diversity, Diversity equity inclusion, Employee engagement, Employee training, Fiduciary, Financial Wellness, HR, Ideal Plan, Improving Outcomes, Retirement Plan Committee

Fred Barstein with Adjunct Lecturer, Rick Unser – Financial Advisor, Creative Planning When forming a retirement committee, embracing creative thinking can yield substantial benefits. A...

Advicetech Platforms Can Help Improve Retirement Plan Engagement

By Fred Barstein / Adaptability, adult learning, Communication, Compensation, DC Plan Sponsors, Digital Tools, diversity, Employee engagement, Employee happiness, Employee training, Fiduciary, financial literacy, Financial Wellness, Loans, Millennials Delaying Milestones, Retirement Readiness, Robo Advisor Technology, Secure Act Changes, Student Loan Debt

Engaging participants in workplace retirement plans is a top priority for plan sponsors. That’s according to a new survey from the Plan Sponsor Council of...

Boost Retention with SECURE 2.0 Financial Wellness Amid Student Loan Resumption

By Fred Barstein / 401k News, Communication, Compensation, Emergency Savings, Employee Benefits, Employee engagement, Employee happiness, Fiduciary, financial insecurity, financial stress management, Financial Wellness, inflation concerns, Secure Act Changes, Student Loan Debt

Student loan payments have resumed after nearly a three-and-a-half-year hiatus, impacting both workers and employers. Cited in a recent BenefitsPro article, ADP Research Institute has...

Retirement Readiness Eludes Most Americans, Except Gen Z Women

By Fred Barstein / 401k News, adult learning, Communication, Compensation, Confidence, education, Employee engagement, employer match, Fiduciary, financial wellness, Retirement Readiness, Retirement Savings Concern

Studies continue to indicate a lack of retirement readiness among American workers, particularly women. An exception to this trend is younger women, who seem to...