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Publisher: 401K Specialist
Author: No AuthorSocial Security COLA Estimate Rises Again on Inflation Fears
Inflation in the forecast? Social Security cost of living adjustment estimate rises - potentially the highest since 1983.Inflation in the forecast? Social Security cost of living adjustment estimate rises - potentially the highest since 1983.Inflation in the forecast? Social Security cost of living adjustment estimate rises - potentially the highest since 1983.Tags:
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Publisher: Plan Sponsor Consultants
Author: No AuthorCARES Act Aftermath: What Plan Sponsors Need to Do
Pandemic Relief May Bring Administrative Pain to Plan Administrators The CARES Act gave plan participants quick access to funds during the COVID crisis, although only about 6% of participants took advantage of the options offered.[1] However, as a pl...Pandemic Relief May Bring Administrative Pain to Plan Administrators The CARES Act gave plan participants quick access to funds during the COVID crisis, although only about 6% of participants took advantage of the options offered.[1] However, as a pl...Pandemic Relief May Bring Administrative Pain to Plan Administrators The CARES Act gave plan participants quick access to funds during the COVID crisis, although only about 6% of participants took advantage of the options offered.[1] However, as a pl...Tags: loans, cares act, distributions, plan sponsor consultants
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Publisher: PlanSponsor
Author: No AuthorCybersecurity for Plan Fiduciaries: Focus on Account Theft
How to help your employees avoid the nightmare of losing their #401k savings to cybercriminals.How to help your employees avoid the nightmare of losing their #401k savings to cybercriminals.How to help your employees avoid the nightmare of losing their #401k savings to cybercriminals.Tags: cybersecurity
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Publisher: PlanSponsor
Author: No AuthorCybersecurity for Plan Fiduciaries: Focus on Account Theft
How to help your employees avoid the nightmare of losing their #401k savings to cybercriminals.How to help your employees avoid the nightmare of losing their #401k savings to cybercriminals.How to help your employees avoid the nightmare of losing their #401k savings to cybercriminals.Tags: cybersecurity
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Publisher: No Publisher
Author: No AuthorUsing Fresh Start to Nudge Increased Retirement Savings
Boost 401(k) Savings with a "Fresh Start." New research shows that employees are more likely to increase contributions when the start date is framed as a “fresh start date†(e.g., the employee’s birthday, the first day of summer).  #Research...Boost 401(k) Savings with a "Fresh Start." New research shows that employees are more likely to increase contributions when the start date is framed as a “fresh start date†(e.g., the employee’s birthday, the first day of summer).  #Research...Boost 401(k) Savings with a "Fresh Start." New research shows that employees are more likely to increase contributions when the start date is framed as a “fresh start date†(e.g., the employee’s birthday, the first day of summer).  #Research...Tags: participant behavior, deferral rates
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Publisher: BenefitsPRO
Author: No AuthorEmployer-sponsored retirement plans: HR's new recruiting tool?
To compete in today's labor market an employer-sponsored retirement plan is considered a table stake. Your retirement plan could be the key to recruiting and protecting your most valuable resource - your employees.To compete in today's labor market an employer-sponsored retirement plan is considered a table stake. Your retirement plan could be the key to recruiting and protecting your most valuable resource - your employees.To compete in today's labor market an employer-sponsored retirement plan is considered a table stake. Your retirement plan could be the key to recruiting and protecting your most valuable resource - your employees.Tags:
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Publisher: 401K Specialist
Author: No AuthorVast Majority of Americans Believe Retirement Security is a Problem
A new report finds American voters and found that 82% believe that retirement security is a problem for the country.A new report finds American voters and found that 82% believe that retirement security is a problem for the country.A new report finds American voters and found that 82% believe that retirement security is a problem for the country.Tags: financial wellness, employee behavior, retirement security
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Publisher: PlanSponsor
Author: No AuthorThe DOL Has Begun Retirement Plan Cybersecurity Audits
DOL has begun an audit initiative focused on retirement plan cybersecurity practices. Attorneys say the requests plan fiduciaries have received ask for a broad amount of information and documentation, and they urge fiduciaries to act on the DOL’s r...DOL has begun an audit initiative focused on retirement plan cybersecurity practices. Attorneys say the requests plan fiduciaries have received ask for a broad amount of information and documentation, and they urge fiduciaries to act on the DOL’s r...DOL has begun an audit initiative focused on retirement plan cybersecurity practices. Attorneys say the requests plan fiduciaries have received ask for a broad amount of information and documentation, and they urge fiduciaries to act on the DOL’s r...Tags: cybersecurity, audits, department of labor
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Publisher: 401kTV
Author: No AuthorRetirement Plan Committees Help Improve Fiduciary Governance
With 401k plan litigation and cybersecurity focus on the rise, now is a great time to assemble and meet with your retirement plan committee.With 401k plan litigation and cybersecurity focus on the rise, now is a great time to assemble and meet with your retirement plan committee.With 401k plan litigation and cybersecurity focus on the rise, now is a great time to assemble and meet with your retirement plan committee.Tags: cybersecurity, fiduciary governance, plan committee, plan governance
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Publisher: iSmart
Author: No AuthorThe Future of Global Retirement
A new report highlights 3 key opportunities to help improve retirement planning: bridge the advice gap, retirement is no longer a one-off event, and control and flexibility are absolutely vital when it comes to retirement.A new report highlights 3 key opportunities to help improve retirement planning: bridge the advice gap, retirement is no longer a one-off event, and control and flexibility are absolutely vital when it comes to retirement.A new report highlights 3 key opportunities to help improve retirement planning: bridge the advice gap, retirement is no longer a one-off event, and control and flexibility are absolutely vital when it comes to retirement.Tags: participant education, financial wellness, retirement readiness, retirement income, planning, education
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Publisher: Faegre Drinker
Author: No AuthorFederal District Court Finds ERISA Plan Participants Lack Standing to Challenge Cross-Plan Offsetting
Does your company retirement plan allow for cross-plan offsetting? What is it, and how does a new court ruling impact employers?Does your company retirement plan allow for cross-plan offsetting? What is it, and how does a new court ruling impact employers?Does your company retirement plan allow for cross-plan offsetting? What is it, and how does a new court ruling impact employers?Tags: erisa, litigation, cross-plan offsetting
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Publisher: T. Rowe Price
Author: No AuthorT. Rowe Price Retirement Plan Services - Reference Point
Despite a year of uncertainty, there were positive retirement plan trends. Saving for retirement continued, participation, account balances and pre*tax deferral rates increased. How does your plan compareDespite a year of uncertainty, there were positive retirement plan trends. Saving for retirement continued, participation, account balances and pre*tax deferral rates increased. How does your plan compareDespite a year of uncertainty, there were positive retirement plan trends. Saving for retirement continued, participation, account balances and pre*tax deferral rates increased. How does your plan compareTags: participation rates, retirement savings
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Publisher: Alight
Author: No Author2021 Hot Topics in Retirement and Financial Wellbeing
New research shows 9 out of 10 employers are looking to create or expand financial wellness programs #FinancialWellnessNew research shows 9 out of 10 employers are looking to create or expand financial wellness programs #FinancialWellnessNew research shows 9 out of 10 employers are looking to create or expand financial wellness programs #FinancialWellnessTags: financial wellness, hot topics
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Publisher: 401K Specialist
Author: No AuthorHow to Vet Target-Date Funds
Target date funds (TDFs) differ significantly in terms of asset classes, glide path, fulfillment, and fees. Here is some information on evaluating Target Date InvestmentsÂTarget date funds (TDFs) differ significantly in terms of asset classes, glide path, fulfillment, and fees. Here is some information on evaluating Target Date InvestmentsÂTarget date funds (TDFs) differ significantly in terms of asset classes, glide path, fulfillment, and fees. Here is some information on evaluating Target Date InvestmentsÂTags: investment options, target date investments, products, due diligence
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Publisher: PlanSponsor
Author: No AuthorTwo Approaches to Benchmarking Plan Fees
Benchmarking plan fees can be a complex task without the proper guidance. Here are two ways plan sponsors can benchmark their feesBenchmarking plan fees can be a complex task without the proper guidance. Here are two ways plan sponsors can benchmark their feesBenchmarking plan fees can be a complex task without the proper guidance. Here are two ways plan sponsors can benchmark their feesTags: 401k, benchmarking, fees, rfp
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Publisher: PlanSponsor
Author: No AuthorHow to Get Participants to Really Think Twice About Early Withdrawals
Tips for reducing early withdrawals: employee education and rollover guidance may help reduce 401(k) leakage.Tips for reducing early withdrawals: employee education and rollover guidance may help reduce 401(k) leakage.Tips for reducing early withdrawals: employee education and rollover guidance may help reduce 401(k) leakage.Tags: retirement, withdrawls, rollovers, readiness, leakage
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Publisher: PlanSponsor
Author: No AuthorTwo Approaches to Benchmarking Plan Fees
Benchmarking plan fees can be a complex task without the proper guidance. Here are two ways plan sponsors can benchmark their feesBenchmarking plan fees can be a complex task without the proper guidance. Here are two ways plan sponsors can benchmark their feesBenchmarking plan fees can be a complex task without the proper guidance. Here are two ways plan sponsors can benchmark their feesTags: benchmarking, fees, rfp
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Publisher: 401kTV
Author: No AuthorManaged Accounts Poised for the New Go-to QDIA
Managed Accounts are gaining respect among the plan sponsors looking for a more personalized qualified default investment alternative (QDIA). Should plan sponsors consider using TDFs or another option for their QDIA? Check out the most popular alter...Managed Accounts are gaining respect among the plan sponsors looking for a more personalized qualified default investment alternative (QDIA). Should plan sponsors consider using TDFs or another option for their QDIA? Check out the most popular alter...Managed Accounts are gaining respect among the plan sponsors looking for a more personalized qualified default investment alternative (QDIA). Should plan sponsors consider using TDFs or another option for their QDIA? Check out the most popular alter...Tags: managed accounts, target date investments, qdia
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Publisher: PlanSponsor
Author: No AuthorUnequal Financial Experiences Highlight Need for Different Emergency Savings Solutions
A recent survey finds different demographics call for different savings solutions to reach financial security. Learn how this may have impacted your workplaceA recent survey finds different demographics call for different savings solutions to reach financial security. Learn how this may have impacted your workplaceA recent survey finds different demographics call for different savings solutions to reach financial security. Learn how this may have impacted your workplaceTags: financial wellness, emergency savings
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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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