Health & Wellness Archives - 401k Plan Optimization, Compliance, Investment & Partners

Employers Increasingly Address Student Loan Stress Among Younger Workers

By Fred Barstein / 401(k) Plan Management, 401k News, 401k Trends, benefits committee, Client connection, Creative approach, DC Plan Sponsors, education, Employee Benefits, Employee engagement, Employee feedback, Employee happiness, Employee training, financial stress management, Financial Wellness, Health & Wellness, Student Loan Debt

As student loan debt continues to weigh heavily on younger generations entering the workforce, employers are increasingly recognizing the impact financial stress can have on...

Financial Stress Is Reshaping Employee Benefits & Retirement Saving

By Fred Barstein / Adaptability, benefit education, DC Plan Sponsors, DC plans, Employee Benefits, Employee engagement, Employee happiness, Fiduciary, financial stress management, Financial Wellness, Health & Wellness, Investments, retirement committee, Retirement Income, Retirement plan management, Retirement Plan Participation, Retirement Readiness

Financial Stress Employee Benefits Retirement Saving

More employees are feeling financially overwhelmed — and ironically, many are responding by cutting back on the very workplace benefits designed to help them long...

TPSU Launches “TPSU for Health Plan Fiduciaries” Program

By Fred Barstein / 401(k) Managed Accounts, 401(k) Plan Management, 401k Advisor, 401k Trends, Changing dynamics, Client connection, collaboration, Communication, Education, Financial Wellness, Health & Wellness, healthcare, TPSU for Health Plan Fiduciaries

The Plan Sponsor University (TPSU) has announced the launch of TPSU for Health Plan Fiduciaries, a new educational initiative focused on the growing financial, regulatory,...

How One CHRO Is Redefining Benefits Communication for a Distributed Workforce

By Fred Barstein / 401(k) Plan Management, CEO Engagement, Client connection, collaboration, Communication, DC Plan Sponsors, Employee engagement, Fiduciary Training, Financial Wellness, Health & Wellness, remote work, Remote Work

As remote and distributed work continues to expand, organizations face increasing challenges in communicating across a workforce that is no longer centralized. With employees spread...

Why Health Savings Accounts Are Becoming Essential to Retirement Planning

By Fred Barstein / 401(k) Plan Management, benefit education, Benefits integration, Client connection, collaboration, Compensation, Convergence, DC Plan Sponsors, Economy, Fiduciary, Financial Wellness, Financial Wellness, Health & Wellness, Health Savings Account, healthcare, Healthcare & other benefits

Healthcare is one of the largest—and most overlooked—expenses in retirement, making Health Savings Accounts (HSAs) an increasingly critical tool in long-term financial planning. With unique...

Health and Wealth Benefits Shouldn’t Be Communicated Separately

By Fred Barstein / 401(k) Plan Management, benefit education, benefits committee, Benefits integration, collaboration, Communication, DC Plan Sponsors, Employee Benefits, Employee engagement, Employer Contribution, Fiduciary Liability, Financial Wellness, Health & Wellness, investment

Health impacts finances. Finances impact health. It’s not a new insight, but a recent white paper from Milliman, a global actuarial and consulting firm, argues...

BlackRock DC Report Highlights Five Trends Transforming the 401(k) Into a Personal Pension

By Fred Barstein / 401k News, 401k plan, Communication, DC Plan Sponsors, Fiduciary, Financial Advisors, Financial Wellness, Health & Wellness, participation, Recordkeeping, Retirement Committee, Retirement Income, SECURE 2.0

Saving matters, but it’s only part of the equation. The harder challenge is helping individuals turn those savings into income they can count on for...

One-Size-Fits-All Retirement Education Doesn’t Work

By Fred Barstein / Employee engagement, Employee feedback, Employee happiness, Employee training, Fiduciary Training, Financial Advisors, financial literacy, financial stress management, financial uncertainty, Financial Wellness, Health & Wellness, investment, Millennial saving, Modernize Retirement Plans, multi-generational workforce, office environment, One-on-on consulting, one-size-fits-all, Peer to peer learning

Not every employee walks into a retirement seminar with the same questions. A 24-year-old just starting their career has very different concerns than a 61-year-old...

Financial Wellness is a Must-Have for Reducing Stress, Improving Retention

By Fred Barstein / 401k plan, Aging Workforce, benefit education, CEO Engagement, DC Plan Sponsors, diversity, Employee Benefits, Employee engagement, Employee training, Fiduciary, Financial Advice, financial stress, financial stress management, financial uncertainty, Financial Wellness, financial wellness programs, Gen X, Gen Z, generation x, generational gap in retirement planning, Health & Wellness, HR, Millennial saving, recruiting, Retirement planning

Employee financial stress is pushing more companies to rethink their benefits strategy. And for good reason—nearly two-thirds of employers faced turnover rates of 10% or...

Micro-Retirements Could Be Your Best Bet for Keeping Gen Z Talent

By Fred Barstein / 401(k) Managed Accounts, 401(k) Plan Management, benefits committee, Benefits integration, collaboration, DC Plan Sponsors, DC plans, Economy, Employee Benefits, Fiduciary, financial stress management, Financial Wellness, Financial Wellness, Gen Z, Health & Wellness, Micro-Retirements

Young workers aren’t waiting decades to take a break anymore. A growing number of Gen Z and millennial employees are planning what’s being called a...