healthcare Archives - 401k Plan Optimization, Compliance, Investment & Partners

Boost Employee Productivity and Retention with Emergency Savings Benefits

By Fred Barstein / 401k News, benefit education, Benefits integration, Change, DC Plan Sponsors, DC plans, Emergency Savings, Employee engagement, Employee happiness, financial stress management, Financial Wellness, Health & Wellness, healthcare, inflation concerns, Recruiting and Retaining Talent

Financial stress is silently eroding your workforce—97% of employees are feeling the pinch, and it’s hitting your bottom line with increased absenteeism and plummeting productivity. ...

401(k) Managed Accounts Can Help Improve Gen X Retirement Readiness

By Fred Barstein / 401(k) Managed Accounts, 401k Monitoring, 401k News, boosting 401(k) contributions, Communication, Consolidation, Convergence, DC Plan Sponsors, Employee happiness, Fiduciary, Financial Wellness, Gen X, healthcare, investment, Managed Accounts, Retirement Income, Retirement Readiness

Gen X workers (ages 44-59) face unique hurdles on their path to retirement. As the “Sandwich Generation,” they’re often simultaneously caring for both children and...

Is a PEO the Right Fit for Your Small Business?

By Fred Barstein / 401k News, Adaptability, auto enroll, auto escalate, Auto Portability, benefit education, benefits committee, Benefits integration, collaboration, Communication, Compliance, DC plans, Financial Wellness, Health & Wellness, healthcare, Healthcare & other benefits, HR, PEO, Record Keepers, Retirement Committee

Is a PEO the Right Fit for Your Small Business? For small businesses, managing employee benefits and retirement plans is a critical but challenging responsibility. ...

Financial Wellness: Supporting Employees in Challenging Times

By Fred Barstein / 401k News, Adaptability, benefits committee, Communication, Confidence, DC plans, Economy, Emergency Savings, Employee happiness, Employee training, employer match, financial insecurity, financial literacy, financial stress management, Financial Wellness, Financial Wellness, Health Savings Account, healthcare, Healthcare & other benefits, innovation, Job growth, recession

Financial stress has emerged as a critical issue in the workplace that demands employers’ immediate attention. Recent data from earned wage access company ZayZoon reveals...

Transamerica: For Most Workers, Retirement at Age 65 Isn’t Likely

By Fred Barstein / Behavioral Finance, benefit education, Communication, Compensation, Confidence, Economy, Emergency Savings, Employee happiness, financial behaviors, financial insecurity, financial stress management, financial uncertainty, Financial Wellness, Health & Wellness, Health Savings Account, healthcare, Healthcare & other benefits, hiring, inflation concerns, inflation stress, personal financial advice, Recession, Retirement Happiness, Retirement Plan Testing, Retirement Readiness, Retirement Savings Concern

When it comes to retirement, many middle-class workers are finding themselves in a precarious position. A significant number of American workers plans to continue working...

401(k) Emergency Withdrawals Now Allowed Under SECURE 2.0

By Fred Barstein / 401k News, Adaptability, benefit education, benefits committee, Change, Communication, Economy, Emergency Savings, Fiduciary, Fiduciary, financial behaviors, financial literacy, Financial Wellness, Health Savings Account, healthcare, Healthcare & other benefits, Retirement Happiness, Retirement Income, Retirement Readiness, Retirement Savings Concern

New guidance is out from the Internal Revenue Service and Dept. of Treasury regarding required minimum distributions (RMDs), including 401(k) withdrawals due to emergency expenses....

3 Ways to Support an Aging Workforce

By Fred Barstein / 401k News, Adaptability, Aging Workforce, annuity, Behavioral Finance, benefit education, Communication, Compensation, DC plans, diversity, Economy, Employee happiness, Employer Contribution, environment, Fiduciary, Financial Wellness, Health & Wellness, healthcare, Inclusion, Investments, mindfulness, Retirement Income

The aging population has transformed the workforce—approximately one in four employees is age 65 or older. While this demographic is becoming the fastest-growing group of...

Effective Workplace Communication for Retirement Planning

By Fred Barstein / 401k News, benefit education, Client connection, Communication, Confidence, Convergence, DC Plan Sponsors, Digital Tools, Employee engagement, Employee feedback, Employee happiness, employer match, Fiduciary, Financial Advice, Financial Advisors, financial stress management, Financial Wellness, healthcare, investment comittee, office environment, onboarding, Plan Participation, Recruiting and Retaining Talent, Retirement Plan Committee, Retirement Readiness

Effective communication within the workplace is paramount, especially when it comes to disseminating crucial information regarding retirement plans. By fostering transparent communication, employers can...

Effective 401(k) Education: Strategies for Adult Learning

By Fred Barstein / 401k News, adult learning, Authenticity, Client connection, Communication, Communication, Fiduciary, Health & Wellness, healthcare

The financial services industry, particularly the 401(k) sector, has much to learn from executive education programs about adult learning. Unlike children or college students, adults...

Employers Can Bridge Generational & Gender Gaps in Financial Well-Being

By Fred Barstein / Aging Workforce, benefit education, Communication, Confidence, Convergence, Employee Benefits, Employee feedback, Fertility Benefits, Fiduciary, financial insecurity, Financial Security, financial stress management, Financial Wellness, healthcare, Inclusion, Millennials Delaying Milestones, multi-generational workforce

In today’s diverse workforce, employers face the unique challenge of addressing the financial well-being of employees across different generations and genders. With the rise of...