Student Loan Debt Archives - 401k Plan Optimization, Compliance, Investment & Partners

Smart Strategies for Multi-Generational 401k Communication

By Fred Barstein / 401k Advisor, Adaptability, AI for Retirement, benefit education, collaboration, Communication, DC Plan Sponsors, Financial Wellness, Financial Wellness, Gen Z, generational gap in retirement planning, Millennial saving, multi-generational workforce, one-size-fits-all, Retirement Readiness, Social media, Student Loan Debt

While it’s likely obvious to retirement plan sponsors who’ve been paying attention, one-size-fits-all participant communication strategies aren’t effective. And the challenge is becoming more complex. ...

IRS Issues New Guidance for SECURE 2.0 401(k) Student Loan Match

By Fred Barstein / 401k News, benefit education, benefits committee, Change, Communication, Confidence, DC Plan Sponsors, Economy, Emergency Savings, Fiduciary, Financial Advice, Financial Advisors, Financial Wellness, Financial Wellness, ira, IRA Roll overs and Roll ins, Legislation, Plan design, SECURE 2.0, Secure Act Changes, Student Loan Debt

The Internal Revenue Service (IRS) has recently issued new guidance regarding a SECURE 2.0 Act provision that aims to provide significant benefits for employees repaying...

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...

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...

Benefits Plan Design: Don’t Leave It to the HR Department

By Fred Barstein / benefit education, DC plans, Employee Benefits, Employee Survey, Fiduciary, Financial Wellness, Health & Wellness, healthcare, Lifestyle Benefits, Student Loan Debt

With job openings 40% higher than pre-pandemic levels, job seekers have the upper hand when choosing opportunities. This trend emphasizes the importance for employers to...

Retaining Retirement Plan Assets Requires Employers to Take a Holistic Approach

By Fred Barstein / 401k News, acquisition, education, Employee Benefits, Employer Contribution, employer match, Fiduciary, Fiduciary, Financial Literacy, financial literacy, Financial Wellness, Investments, IRA Roll overs and Roll ins, Managed Accounts, Plan Acquisition, Plan Conversion, Plan Participation, Secure Act Changes, Student Loan Debt

As an employer, one of your responsibilities is ensuring the financial well-being of your employees, both during their active working years and into retirement. In...

Reviewing Retirement Plans May Help Increase New Hires

By Fred Barstein / 401k News, Employee Benefits, Employer Contribution, employer match, Fiduciary, Financial Advice, financial wellness, hiring, Ideal Plan, Improving Outcomes, Plan design, Recruiting and Retaining Talent, SECURE 2.0, Student Loan Debt

Reviewing Retirement Plans May Help Increase New Hires As the year progresses, it is a good idea for employers to review their 401(k) plans and...

Improve Employee Benefits for the Benefit of All

By Steff Chalk / benefits committee, Featured Story - Steff Chalk, financial literacy, Financial Stress, inflation concerns, Student Loan Debt

Improve employee benefits when the opportunity arises! The start of each new year is often a time of reflection and goal-setting. Many people set physical...

Student Loan Forgiveness Helps Employees and Employers

By Steff Chalk / Featured Story - Steff Chalk, Financial Wellness, Latest Stories, Loans, retirement committee, Student Loan Debt

Student loan forgiveness sounds too good to be true. But, what does student loan forgiveness mean for employers? It could be good news for employer...