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Publisher: benefitspro.com
Author: No Author1 in 3 u-s- workers not saving for retirement
As Americans struggle with inflation and other challenging economic factors, saving for retirement often takes a back seat to more immediate concerns.As Americans struggle with inflation and other challenging economic factors, saving for retirement often takes a back seat to more immediate concerns.As Americans struggle with inflation and other challenging economic factors, saving for retirement often takes a back seat to more immediate concerns.Tags: participant behavior, participant education, automatic features, participant outcomes, employee enrollment
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Publisher: 401(k) Specialist
Author: Thomas Hawkins4 Retirement Initiatives Vital to Closing the Racial Wealth Gap
Thomas Hawkins explains how plan sponsor support of four specific retirement initiatives is vital to closing the racial wealth gapThomas Hawkins explains how plan sponsor support of four specific retirement initiatives is vital to closing the racial wealth gapThomas Hawkins explains how plan sponsor support of four specific retirement initiatives is vital to closing the racial wealth gapTags: automatic features, participant outcomes, financial wellness, emergency savings, match
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Publisher: 401(k) Specialist
Author: Jack TowarnickyMaximize Outcomes, Not Incomes ('Die with Zero')
Pre-retirement best practices for people that want to retire in the next 20 yearsPre-retirement best practices for people that want to retire in the next 20 yearsPre-retirement best practices for people that want to retire in the next 20 yearsTags: participant outcomes, retirement income, retirement savings, planning, best practices
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Publisher: SHRM
Author: John G. Lynch, Yanwen Wang & Muxin ZhaiViewpoint: Stop Employees from Cashing Out Their 401ks When Leaving a Job
401k savings are vulnerable during a job transition. This article breaks down why cashing out is not a good idea and how you can help employees avoid it.401k savings are vulnerable during a job transition. This article breaks down why cashing out is not a good idea and how you can help employees avoid it.401k savings are vulnerable during a job transition. This article breaks down why cashing out is not a good idea and how you can help employees avoid it.Tags: participant behavior, participant education, participant outcomes, participant communication
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Publisher: HR Daily Advisor
Author: No AuthorSecure Act 2.0 Encourages Employee Participation in Retirement Savings - HR Daily Advisor
Secure Act 2.0 is making it easier for employees to save for retirement! The new legislation encourages employees to participate in retirement savings plans and provides them with #tax incentives for doing so.Secure Act 2.0 is making it easier for employees to save for retirement! The new legislation encourages employees to participate in retirement savings plans and provides them with #tax incentives for doing so.Secure Act 2.0 is making it easier for employees to save for retirement! The new legislation encourages employees to participate in retirement savings plans and provides them with #tax incentives for doing so.Tags: participant behavior, participant outcomes, secure 2.0
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Publisher: Empower
Author: No AuthorTen financial resolutions for the New Year (and a financial goals worksheet to get started)
The best financial resolutions for 2023 If you're giving a little more thought into how to reach your goals at the start of the new year, you're not alone. It's a common practice throughout the world and has been around for thousands of years.1 New Y...The best financial resolutions for 2023 If you're giving a little more thought into how to reach your goals at the start of the new year, you're not alone. It's a common practice throughout the world and has been around for thousands of years.1 New Y...The best financial resolutions for 2023 If you're giving a little more thought into how to reach your goals at the start of the new year, you're not alone. It's a common practice throughout the world and has been around for thousands of years.1 New Y...Tags: participant education, participant outcomes, financial wellness, participant wellbeing, 2023
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Publisher: PLANSPONSOR
Author: No AuthorStudy Finds Millennials Are Less Likely to be Secure in Their Retirement | PLANSPONSOR
A new study finds that millennials might be having a harder time maintaining their standard of living due to a variety of factors.A new study finds that millennials might be having a harder time maintaining their standard of living due to a variety of factors.A new study finds that millennials might be having a harder time maintaining their standard of living due to a variety of factors.Tags: participant behavior, participant outcomes, participant communication
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Publisher: 401(k) Specialist
Author: Deb BoydenPursue Better Participant Outcomes Through Diversification, Education - 401(k) Specialist
Experts suggest that a meaningful mix of investment choices may improve portfolio diversification and give investors the confidence to stay the course.Experts suggest that a meaningful mix of investment choices may improve portfolio diversification and give investors the confidence to stay the course.Experts suggest that a meaningful mix of investment choices may improve portfolio diversification and give investors the confidence to stay the course.Tags: participant education, participant outcomes, retirement readiness, education
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Publisher: Retirement Clearinghouse Logo
Author: No AuthorIndividuals - The RCH Cashout Calculator
Making a 'cashout calculator' available to employees can help them understand the high cost of cashing out, even for small 401(k) balances.Making a 'cashout calculator' available to employees can help them understand the high cost of cashing out, even for small 401(k) balances.Making a 'cashout calculator' available to employees can help them understand the high cost of cashing out, even for small 401(k) balances.Tags: participant behavior, participant education, participant outcomes, participant communication, retirement readiness, participant wellbeing, calculator
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Publisher: 401k Plan Optimization, Compliance, Investment & Partners
Author: No Author401(k) Auto Portability Can Improve Outcomes
401(k) auto portability has the potential to reduce fiduciary liability for plan sponsors.401(k) auto portability has the potential to reduce fiduciary liability for plan sponsors.401(k) auto portability has the potential to reduce fiduciary liability for plan sponsors.Tags: participant outcomes, fiduciary responsibility, missing participants, portability
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Publisher: PLANSPONSOR
Author: No AuthorSpecial Rule Regarding Loans for Participants on Military Leave
Plan Sponsor Question of the Week, answered: What about 401(k) loans for employees on military leave?Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.Plan Sponsor Question of the Week, answered: What about 401(k) loans for employees on military leave?Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.Plan Sponsor Question of the Week, answered: What about 401(k) loans for employees on military leave?Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.Tags: participant outcomes, loans, military
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Publisher: PLANSPONSOR
Author: No AuthorCloser Workforce Examination Is Key to Plan Sponsor Goal-Setting
Improve your 401(k) plan by utilizing partnerships with your retirement plan providers. Gain insights on participant desires and key data.Improve your 401(k) plan by utilizing partnerships with your retirement plan providers. Gain insights on participant desires and key data.Improve your 401(k) plan by utilizing partnerships with your retirement plan providers. Gain insights on participant desires and key data.Tags: participant behavior, participant outcomes, benchmarking, record-keeper
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Publisher: National Association of Plan Advisors
Author: No AuthorHow Simple Reframing Can Boost Retirement Savings
“Pennies” over “percent”? A new study finds that a simple change in information architecture, such as how the savings rate is framed, can lead to a significant boost in savings behavior among lower-income employees.“Pennies” over “percent”? A new study finds that a simple change in information architecture, such as how the savings rate is framed, can lead to a significant boost in savings behavior among lower-income employees.“Pennies” over “percent”? A new study finds that a simple change in information architecture, such as how the savings rate is framed, can lead to a significant boost in savings behavior among lower-income employees.Tags: participant education, participant outcomes, participant communication
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Publisher: PLANSPONSOR
Author: No AuthorFinances, Student Loan Debt Putting a Strain on Employees
Employers should provide financial wellness programs that continuously engage employees, as employee stress has increased, especially among younger generations dealing with student loan debt. As student loan debt is causing more financial stress on ...Employers should provide financial wellness programs that continuously engage employees, as employee stress has increased, especially among younger generations dealing with student loan debt. As student loan debt is causing more financial stress on ...Employers should provide financial wellness programs that continuously engage employees, as employee stress has increased, especially among younger generations dealing with student loan debt. As student loan debt is causing more financial stress on ...Tags: participant outcomes, financial wellness, financial stress, student loan
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Publisher: PLANSPONSOR
Author: No AuthorConsiderations to Help DC Plan Sponsors Regroup for the New Year
Mercer says delving into participant data and keeping up with new product offerings, legislation and regulations can help plan sponsors improve their retirement programs in 2022.Mercer says delving into participant data and keeping up with new product offerings, legislation and regulations can help plan sponsors improve their retirement programs in 2022.Mercer says delving into participant data and keeping up with new product offerings, legislation and regulations can help plan sponsors improve their retirement programs in 2022.Tags: participant outcomes, retirement readiness, plan design
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Publisher: Employee Benefit News
Author: No AuthorAsk an Adviser: How can I best help plan participants who are about to retire?
Participants nearing retirement want help with account consolidation, financial wellness and customized guidance from their plan sponsor.Participants nearing retirement want help with account consolidation, financial wellness and customized guidance from their plan sponsor.Participants nearing retirement want help with account consolidation, financial wellness and customized guidance from their plan sponsor.Tags: participant outcomes, financial wellness, retirement readiness
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Publisher: PlanSponsor
Author: No AuthorWhat a Year Without Retirement Savings Can Do to Participant Outcomes
During the COVID pandemic, 3 in 10 participants took a loan from their retirement savings. Here's some guidance for keeping participants on the right track.During the COVID pandemic, 3 in 10 participants took a loan from their retirement savings. Here's some guidance for keeping participants on the right track.During the COVID pandemic, 3 in 10 participants took a loan from their retirement savings. Here's some guidance for keeping participants on the right track.Tags: participant outcomes, financial wellness, retirement savings, covid response, economic recovery
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Publisher: Fidelity
Author: No Author2021 State of Retirement planning study
Are your employees still on track? Despite the pandemic’s impact on retirement planning, 82% are confident that they will achieve their retirement goalsAre your employees still on track? Despite the pandemic’s impact on retirement planning, 82% are confident that they will achieve their retirement goalsAre your employees still on track? Despite the pandemic’s impact on retirement planning, 82% are confident that they will achieve their retirement goalsTags: participant behavior, participant outcomes, financial wellness, covid response
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