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Publisher: 401(k) Specialist
Author: Amanda UmpierrezAutomatic Enrollment Adoption Grew to 85% in 2022: T. Rowe Price
Want to help your employees save more for retirement? Consider adding automatic enrollment.Want to help your employees save more for retirement? Consider adding automatic enrollment.Want to help your employees save more for retirement? Consider adding automatic enrollment.Tags: automatic features
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Publisher: PLANSPONSOR
Author: No AuthorPlan Sponsors Have Lots to Prep for SECURE 2.0 Compliance | PLANSPONSOR
Are you ready for SECURE 2.0 401(k) changes? Here’s a quick overview of what’s required and optionalAre you ready for SECURE 2.0 401(k) changes? Here’s a quick overview of what’s required and optionalAre you ready for SECURE 2.0 401(k) changes? Here’s a quick overview of what’s required and optionalTags: secure 2.0, emergency savings, roth, rmd
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Publisher: The National Law Review
Author: No AuthorNew Form 5500 Rules Permit More Plans to Qualify for Audit Exemption
Does your 401(k) plan have around 100 active account balances? If so, the new audit rules could help you avoid a large plan audit.Does your 401(k) plan have around 100 active account balances? If so, the new audit rules could help you avoid a large plan audit.Does your 401(k) plan have around 100 active account balances? If so, the new audit rules could help you avoid a large plan audit.Tags: 2023, 5500 form, plan audit
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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: InvestmentNews
Author: No AuthorMore lawyers are crashing retirement plan meetings, Callan survey shows
Should legal counsel attend your 401(k) meeting? 49% of plan committees think so.Should legal counsel attend your 401(k) meeting? 49% of plan committees think so.Should legal counsel attend your 401(k) meeting? 49% of plan committees think so.Tags: plan committee, legal
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Publisher: 401(k) Specialist
Author: Brian Anderson, Editor-in-ChiefSocial Security Trust Fund Projected to be Depleted in a Decade
In the news again, Social Security is expected to go bankrupt. Another reason why employers should review 401(k) participation, contribution and deferral rates.In the news again, Social Security is expected to go bankrupt. Another reason why employers should review 401(k) participation, contribution and deferral rates.In the news again, Social Security is expected to go bankrupt. Another reason why employers should review 401(k) participation, contribution and deferral rates.Tags: financial wellness, retirement income, retirement, social security, deferral rates
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Publisher: PLANSPONSOR
Author: No AuthorWomen Working With Financial Pros Show Higher Retirement Readiness
According to a new study, women who work with a financial professional are more than twice as likely to have a formal written retirement plan as those who are unadvised.According to a new study, women who work with a financial professional are more than twice as likely to have a formal written retirement plan as those who are unadvised.According to a new study, women who work with a financial professional are more than twice as likely to have a formal written retirement plan as those who are unadvised.Tags: financial wellness, retirement income, women
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Publisher: PLANSPONSOR
Author: No AuthorPlan Design
Retirement plan design addresses much more than retirement saving—today’s vehicles may offer options ranging from emergency funds, student loan matches and retirement income strategies. What plan design option would best fit your workplace?Retirement plan design addresses much more than retirement saving—today’s vehicles may offer options ranging from emergency funds, student loan matches and retirement income strategies. What plan design option would best fit your workplace?Retirement plan design addresses much more than retirement saving—today’s vehicles may offer options ranging from emergency funds, student loan matches and retirement income strategies. What plan design option would best fit your workplace?Tags: plan design, 401k, retirement plan options
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Publisher: BenefitsPRO
Author: No AuthorIs your workplace culture contributing to employee presenteeism? | BenefitsPRO
Are you concerned about employee presenteeism in your workplace? Find out how your culture can help or hurt. Learn what steps you can take to ensure your employees are prioritizing their health and well-being!Are you concerned about employee presenteeism in your workplace? Find out how your culture can help or hurt. Learn what steps you can take to ensure your employees are prioritizing their health and well-being!Are you concerned about employee presenteeism in your workplace? Find out how your culture can help or hurt. Learn what steps you can take to ensure your employees are prioritizing their health and well-being!Tags: financial wellness, financial stress, behavioral finance, presenteeism
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Publisher: |Belfint Lyons Shuman
Author: No AuthorSECURE Act 2022 EPCRS Update | Enhanced Correction Options
Learn more about several of the EPCRS changes made by the SECURE Act 2.0 including expanded correction options - Delaware CPA.Learn more about several of the EPCRS changes made by the SECURE Act 2.0 including expanded correction options - Delaware CPA.Learn more about several of the EPCRS changes made by the SECURE Act 2.0 including expanded correction options - Delaware CPA.Tags: secure 2.0, 2023, self corrections, errors
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Publisher: PLANSPONSOR
Author: No AuthorBiden Uses First Veto to Uphold DOL ESG Rule | PLANSPONSOR
Veto permits retirement plans to continue using environmental, social and governance criteria when selecting retirement plan investments.Veto permits retirement plans to continue using environmental, social and governance criteria when selecting retirement plan investments.Veto permits retirement plans to continue using environmental, social and governance criteria when selecting retirement plan investments.Tags: legislation, investment options, 2023, esg
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Publisher: 401(k) Specialist
Author: Brian Anderson, Editor-in-ChiefThis Gen Z Trait Will Disrupt Retirement Industry Most by 2030
Gen Z is shaking up the retirement plan industry because of their growing demand for personalized investment advice.Gen Z is shaking up the retirement plan industry because of their growing demand for personalized investment advice.Gen Z is shaking up the retirement plan industry because of their growing demand for personalized investment advice.Tags: participant behavior, participant education, participant communication, gen-z, advice
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Publisher: PLANSPONSOR
Author: No AuthorSECURE 2.0 Enables Improvements to Overall Financial Wellness | PLANSPONSOR
From offsetting college debt payments to emergency savings, SECURE 2.0 has the potential to help participants beyond just retirement savings.From offsetting college debt payments to emergency savings, SECURE 2.0 has the potential to help participants beyond just retirement savings.From offsetting college debt payments to emergency savings, SECURE 2.0 has the potential to help participants beyond just retirement savings.Tags: financial wellness, financial stress, secure 2.0, emergency savings, college loan repayment
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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: 401(k) Specialist
Author: Amanda UmpierrezWhat the SVB Collapse Teaches Us About Retirement Planning
3 lessons the SVB collapse can teach us about managing a retirement plan. It examines the importance of diversifying investments, the need for proper due diligence when selecting a retirement plan provider, and the necessity of staying informed of r...3 lessons the SVB collapse can teach us about managing a retirement plan. It examines the importance of diversifying investments, the need for proper due diligence when selecting a retirement plan provider, and the necessity of staying informed of r...3 lessons the SVB collapse can teach us about managing a retirement plan. It examines the importance of diversifying investments, the need for proper due diligence when selecting a retirement plan provider, and the necessity of staying informed of r...Tags: market commentary, svb
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Publisher: CFO
Author: No Author5 Quiet Workplace Trends CFOs Should Be Aware Of
As competition for talent stays fierce, here are 5 of the latest workplace trends that are quietly emerging.As competition for talent stays fierce, here are 5 of the latest workplace trends that are quietly emerging.As competition for talent stays fierce, here are 5 of the latest workplace trends that are quietly emerging.Tags: participant behavior, recruiting and retention
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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: Plan Sponsor Consultants
Author: Plan Sponsor ConsultantsSECURE Act 2.0: Year-by-Year Reference Guide - Plan Sponsor Consultants
Secure Act 2.0 Year-by-Year Reference GuideSecure Act 2.0 Year-by-Year Reference GuideSecure Act 2.0 Year-by-Year Reference GuideTags: secure 2.0
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Publisher: NATIONAL TAX-DEFERRED SAVINGS ASSOCIATION
Author: No AuthorState-Sponsored Plans: A Look at Participation
70% of employees don't want to save in state-mandated plans, but there is still time to offer a #401k plan before state deadlines.70% of employees don't want to save in state-mandated plans, but there is still time to offer a #401k plan before state deadlines.70% of employees don't want to save in state-mandated plans, but there is still time to offer a #401k plan before state deadlines.Tags: 2023, state run palns, start-up, starter 401k
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Publisher: PlanSponsor
Author: No AuthorHow Frequently Can Emergency Withdrawals Be Taken Under SECURE 2.0?
Retirement plan Q & A: How often can emergency withdrawals be taken under SECURE 2.0?Retirement plan Q & A: How often can emergency withdrawals be taken under SECURE 2.0?Retirement plan Q & A: How often can emergency withdrawals be taken under SECURE 2.0?Tags: secure 2.0, emergency savings, withdrawls
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