Getting employees to engage in 401k education is a challenge. Most current education is not compelling, speaking a language most employees do not understand, assuming a level of knowledge ...
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Caution: 401k Loans May be Habit Forming
At a TPSU program held at the University of Chicago, the manager of benefits at a 5,000 employee insurance company discusses his concern about serial loan takers at ...
Read More »Financial Wellness Broadens Traditional Employee Education
The Ideal Plan using automated features like auto-enrollment, auto -escalation and target date funds (TDFs) has dramatically improved outcomes for defined contribution (DC) plan participants but plan sponsors ...
Read More »Stretching the Match is Not Really Much of a “Stretch”
Stretching the match, which is relatively new and barely used by employers sponsoring a defined contribution (DC) plan like a 401k or 403b, is a key element of the ...
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