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  • Ready to implement SECURE 2.0? Manual HR processes will leave organizations scrambling | BenefitsPRO
    Publisher: BenefitsPRO

    Ready to implement SECURE 2.0? Manual HR processes will leave organizations scrambling | BenefitsPRO

    With SECURE 2.0 signed into law, featuring new auto-enrollment requirements, retirement advisors can help prepare payroll systems for the new regulations, otherwise employers will face the possibility of fines.
    With SECURE 2.0 signed into law, featuring new auto-enrollment requirements, retirement advisors can help prepare payroll systems for the new regulations, otherwise employers will face the possibility of fines.

    Tags: automatic features, secure 2.0, 2023, amendments

    5 1
  • Unplanned Financial Challenges Continue to Plague US Workers’ Retirement Savings
    Publisher: PLANSPONSOR

    Unplanned Financial Challenges Continue to Plague US Workers’ Retirement Savings

    Unexpected financial challenges can reduce a US employee’s retirement savings by up to 37%, according to a new survey by Goldman Sachs Asset Management.
    Unexpected financial challenges can reduce a US employee’s retirement savings by up to 37%, according to a new survey by Goldman Sachs Asset Management.

    Tags:

    5 1
  • Breaking News! IRS Grants Two-Year Delay in Roth Catch-Up Requirements
    Publisher: National Association of Plan Advisors

    Breaking News! IRS Grants Two-Year Delay in Roth Catch-Up Requirements

    The Internal Revenue Service (IRS) released guidance on Friday afternoon that addressed Section 603 of the SECURE 2.0 Act concerning Roth catch-up contributions. The guidance grants a two-year delay in the provision's effective date that mandates cat...
    The Internal Revenue Service (IRS) released guidance on Friday afternoon that addressed Section 603 of the SECURE 2.0 Act concerning Roth catch-up contributions. The guidance grants a two-year delay in the provision's effective date that mandates cat...

    Tags: secure 2.0, roth

    5 1
  • 4 Ways Employers Can Create a Culture of Wellness - Plan Sponsor Consultants
    Publisher: Plan Sponsor Consultants

    4 Ways Employers Can Create a Culture of Wellness - Plan Sponsor Consultants

    Creating a culture of wellness in the workplace is a trend that’s catching on with employers across the country. 
    Creating a culture of wellness in the workplace is a trend that’s catching on with employers across the country. 

    Tags: financial wellness, recruiting and retention, total benefits

    5 1
  • Sponsors Agree: Retirement Income Has Become a ‘Core’ DC Plan Purpose
    Publisher: National Association of Plan Advisors

    Sponsors Agree: Retirement Income Has Become a ‘Core’ DC Plan Purpose

    Should you add retirement income to the list of items that are essential in helping participants achieve their retirement goals?
    Should you add retirement income to the list of items that are essential in helping participants achieve their retirement goals?

    Tags:

    5 1
  • Now Is the Time for Emergency Savings
    Publisher: 401(k) Specialist

    Now Is the Time for Emergency Savings

    Emergency savings are pretty handy! Here's why employers are best equipped to incorporate emergency savings into their benefits package now.
    Emergency savings are pretty handy! Here's why employers are best equipped to incorporate emergency savings into their benefits package now.

    Tags: financial wellness, secure 2.0, emergency savings, total benefits, employee benefit

    5 1
  • Coffee Talk With Benefits Episode 15: Auto-Enrollment Provisions Under SECURE 2.0
    Publisher: Seyfarth Shaw - Coffee Talk With Benefits Episode 15: Auto-Enrollment Provisions Under SECURE 2.0

    Coffee Talk With Benefits Episode 15: Auto-Enrollment Provisions Under SECURE 2.0

    Grab a cup of coffee and learn all about the SECURE 2.0 adoption of auto-enrollment features for plans established after its enactment.
    Grab a cup of coffee and learn all about the SECURE 2.0 adoption of auto-enrollment features for plans established after its enactment.

    Tags: automatic features, employee enrollment

    5 1
  • Why the Future is Now Brighter for Small-Balance Retirement Accounts
    Publisher: 401(k) Specialist

    Why the Future is Now Brighter for Small-Balance Retirement Accounts

    These two key developments could dramatically improve the outlook for retirement accounts with small balances.
    These two key developments could dramatically improve the outlook for retirement accounts with small balances.

    Tags: participant behavior, missing participants

    5 1
  • How Is Compensation Defined When Considering SECURE 2.0 Catch-Up Rules? | PLANSPONSOR
    Publisher: PLANSPONSOR

    How Is Compensation Defined When Considering SECURE 2.0 Catch-Up Rules? | PLANSPONSOR

    Your questions answered about compensation for Roth Catch-Up contributions starting in 2024.
    Your questions answered about compensation for Roth Catch-Up contributions starting in 2024.

    Tags: secure 2.0, contribution limits, roth

    5 1
  • Employers Think They’re Providing Great Benefits. Employees Disagree. What’s the Problem?
    Publisher: SHRM

    Employers Think They’re Providing Great Benefits. Employees Disagree. What’s the Problem?

    Workers are looking for more help from their employers when it comes to FinancialStress. One way to combat this is financial education & support from an advisor.
    Workers are looking for more help from their employers when it comes to FinancialStress. One way to combat this is financial education & support from an advisor.

    Tags:

    5 1
  • 401(k) Balances Up in 2023, But So Are Hardship Withdrawals, Loans
    Publisher: 401(k) Specialist

    401(k) Balances Up in 2023, But So Are Hardship Withdrawals, Loans

    Retirement savings are up, but so are 401(k) loans. What to do? To provide a more holistic look at confidence around financial preparedness, a new report examines engagement across Health Saving Accounts (HSAs) and overall feelings of financial welln...
    Retirement savings are up, but so are 401(k) loans. What to do? To provide a more holistic look at confidence around financial preparedness, a new report examines engagement across Health Saving Accounts (HSAs) and overall feelings of financial welln...

    Tags: financial wellness, loans, hardship, employee benefit

    5 1
  • Pre-Retirees Plan to Collect Social Security Early, Not Maximizing Benefit | PLANSPONSOR
    Publisher: PLANSPONSOR

    Pre-Retirees Plan to Collect Social Security Early, Not Maximizing Benefit | PLANSPONSOR

    Although waiting until age 70 earns a retiree more Social Security benefits, many plan to start collecting earlier due to fears of insolvency, Schroders research shows.
    Although waiting until age 70 earns a retiree more Social Security benefits, many plan to start collecting earlier due to fears of insolvency, Schroders research shows.

    Tags: financial wellness, delayed retirement, retirement income, retirement age, retirement

    5 1
  • Publisher: Yahoo Finance

    The five biggest things that confuse Americans about retirement

    Many have no idea how much they should save or how to invest whatever money they sock away.
    Many have no idea how much they should save or how to invest whatever money they sock away.

    Tags: participant education, financial wellness, participant communication, education

    5 1
  • 4 recession-ready benefits: Tackling employee financial health is a win-win | BenefitsPRO
    Publisher: BenefitsPRO

    4 recession-ready benefits: Tackling employee financial health is a win-win | BenefitsPRO

    A win-win for Employee Benefits. Here are four key benefits that can help employees maintain financial health even in tough economic times. Not only does this approach empower employees, but it also creates a win-win situation for companies. 
    A win-win for Employee Benefits. Here are four key benefits that can help employees maintain financial health even in tough economic times. Not only does this approach empower employees, but it also creates a win-win situation for companies. 

    Tags: financial wellness, financial stress, additional benefit, total benefits, employee benefit

    5 1
  • Employers Step Up with Emergency Savings Accounts
    Publisher: SHRM

    Employers Step Up with Emergency Savings Accounts

    SECURE 2.0 opened a door for emergency savings accounts (ESAs) and it is catching on. This initiative is part of a growing trend among businesses to ease their employees' financial burdens.
    SECURE 2.0 opened a door for emergency savings accounts (ESAs) and it is catching on. This initiative is part of a growing trend among businesses to ease their employees' financial burdens.

    Tags: financial wellness, financial stress, secure 2.0, emergency savings

    5 1
  • IRS Issues Interim Guidance on SECURE 2.0 Self-Correction Expansion - Spotlight on Benefits
    Publisher: Spotlight on Benefits

    IRS Issues Interim Guidance on SECURE 2.0 Self-Correction Expansion - Spotlight on Benefits

    The IRS has issued interim guidance on Section 305 of the SECURE 2.0 Act. Learn how this significant expansion of the self-correction program impacts your retirement plan.
    The IRS has issued interim guidance on Section 305 of the SECURE 2.0 Act. Learn how this significant expansion of the self-correction program impacts your retirement plan.

    Tags: secure 2.0, plan administration, self corrections

    5 1
  • 8 Tips for Protecting Your Retirement Savings Online
    Publisher: DOL Blog

    8 Tips for Protecting Your Retirement Savings Online

    How protected are your retirement savings? The DOL shares eight essential tips as part of Internet Safety Awareness Month to help reduce the risk of fraud or loss to your retirement account. Stay safe online with these insightful pointers
    How protected are your retirement savings? The DOL shares eight essential tips as part of Internet Safety Awareness Month to help reduce the risk of fraud or loss to your retirement account. Stay safe online with these insightful pointers

    Tags: participant education, cybersecurity

    5 1
  • What Comes Next for Student Loan Borrowers? | PLANSPONSOR
    Publisher: PLANSPONSOR

    What Comes Next for Student Loan Borrowers? | PLANSPONSOR

    With the student loan freeze ending this summer, it's time to prepare for what comes next. The interest on loans will resume accruing from September 1, and repayments are due in October. 
    With the student loan freeze ending this summer, it's time to prepare for what comes next. The interest on loans will resume accruing from September 1, and repayments are due in October. 

    Tags: financial wellness, financial stress, student loan

    5 1
  • 2023 Financial Stress Survey | John Hancock Retirement
    Publisher: John Hancock

    2023 Financial Stress Survey | John Hancock Retirement

    Stress can have a major impact on the workplace. If financial stress goes unchecked, productivity can suffer, and employees may postpone retirement, resulting in possible increased costs for employers in terms of compensation, benefits and talent rec...
    Stress can have a major impact on the workplace. If financial stress goes unchecked, productivity can suffer, and employees may postpone retirement, resulting in possible increased costs for employers in terms of compensation, benefits and talent rec...

    Tags: financial wellness, financial stress, statistics

    5 1
  • Publisher: CFO

    The Benefits of Autonomy: Boost Employee Productivity and Happiness

    The new reality of #remotework has led to greater employee autonomy and increased productivity, happiness and morale. Thanks to advances in #technology, businesses everywhere can reap the benefits of a geographically dispersed workforce. 
    The new reality of #remotework has led to greater employee autonomy and increased productivity, happiness and morale. Thanks to advances in #technology, businesses everywhere can reap the benefits of a geographically dispersed workforce. 

    Tags: recruiting and retention, total benefits, covid response, remote work

    5 1
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