401(k) Participation Rates High, But Employers Have Work to Do
The majority of eligible employees participate in a 401(k) plan, but there’s room for improvement. So says the 2022 Financial Life Benefits Impact Report from...
Auto Plan
Describes 401k and 403b plans that use auto enrollment, re-enrollment, auto escalation to improve plan success and plan outcomes leveraging behavioral science techniques made possible as a result of the 2006 Pension Protection Act.
Employer Match Can Entice Employees to Join Your Company and Stay
The employer match in a 401(k) plan can be a very powerful tool! The Great Resignation has prompted employers to rethink their employee benefits strategies...
401k Auto Enrollment Being Considered on Capitol Hill
401k Auto Enrollment could become mandatory for many businesses. Congress is currently analyzing a proposal for making 401k auto enrollment more than just an employer...
Auto Portability Breaks New Ground
Auto portability – a retirement plan solution designed to simplify small-balance 401(k) rollovers – may soon be more widely available. Vanguard recently announced a partnership...
Retirement Outcomes for Older Workers Gain with Proposed Legislation
Retirement outcomes for older workers could improve thanks to new legislation under review by policymakers in Washington. The proposed law includes significant upside benefitting retirement...
Fiduciary Liability Created in 401k Plans
Fiduciary Liability can be created by those who neglect the 401k Plan. Behavioral science tells us things about ourselves that we simply try to suppress...
401k Plans Benefit from TPSU Ideal Plan
401k Plans benefit from the many features outlined in the TPSU Ideal Plan. Unfortunately, and somewhat surprisingly, many unenlightened Plan Sponsors are still failing to...
401k Retirement Plan Deserves a Larger Benefit Allocation
401k Retirement Plan Deserves a Larger Benefit Allocation 401k retirement plan may be a better spend than some of the alternative insurance choices. When a...
Maximize Total Benefits with Profit Sharing Plan
Maximize Total Benefits with Profit Sharing Plan Maximize Total Benefit options and choices for the benefit of plan participants and plan sponsor alike. Many...
401k Plan Participation Rates Indicator of Plan Success
401k Plan Participation Rates Indicator of Plan Success 401k plan participation rates are a statistic that all plan fiduciaries should be monitoring regularly for their...
