Preparing Employees for Retirement: What Plan Sponsors Should Do Now
When a company has a growing segment of employees approaching retirement age, it should proactively shift from simply “offering” a retirement plan to actively supporting...
education
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....
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...
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...
A Decade of Impact: Todd Barden and TPSU at Marquette University
At the end of a recent Fiduciary Education Program held on the campus of Marquette University, Fred Barstein, CEO and Founder of The Plan Sponsor...
Rethinking Retirement Support: Time for Plan Sponsors to Step Up
With nearly 59 million employees lacking access to workplace retirement plans, according to a recent TIAA study, we’re facing a retirement readiness crisis that demands...
Who Should Help 401(k) Participants: Advisors or Record Keepers?
As the retirement industry shifts focus from just saving to helping people use their 401(k) money wisely, a big question has come up:Who’s best suited...
Key Questions 401(k) Plan Sponsors Often Overlook
In a recent Fiduciary News article, Christopher Carosa, CTFA spotlighted several critical questions that 401(k) plan sponsors frequently neglect to ask, even though they have...
Navigating 401(k) Forfeitures During Layoffs
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...
