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Publisher: Yahoo Finance
Author: No AuthorThe 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
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Publisher: BenefitsPRO
Author: No Author4 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.ÂA 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.ÂTags: financial wellness, financial stress, additional benefit, total benefits, employee benefit
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Publisher: SHRM
Author: John EganEmployers 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, emergency savings, secure 2.0
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Publisher: Spotlight on Benefits
Author: Joshua Waldbeser, Yael KalmanIRS 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
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Publisher: DOL Blog
Author: No Author8 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 pointersHow 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 pointersTags: participant education, cybersecurity
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Publisher: PLANSPONSOR
Author: No AuthorWhat 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.ÂWith 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.ÂTags: financial wellness, financial stress, student loan
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Publisher: John Hancock
Author: No Author2023 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
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Publisher: CFO
Author: No AuthorThe 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.ÂThe 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.ÂTags: recruiting and retention, total benefits, covid response, remote work
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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.ÂWant to help your employees save more for retirement? Consider adding automatic enrollment.ÂTags: 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 optionalÂAre you ready for SECURE 2.0 401(k) changes? Here’s a quick overview of what’s required and optionalÂTags: emergency savings, secure 2.0, 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.ÂDoes your 401(k) plan have around 100 active account balances? If so, the new audit rules could help you avoid a large plan audit.ÂTags: 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 yearsÂPre-retirement best practices for people that want to retire in the next 20 yearsÂTags: retirement savings, participant outcomes, planning, best practices, retirement income
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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.ÂShould legal counsel attend your 401(k) meeting? 49% of plan committees think so.ÂTags: 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.ÂIn the news again, Social Security is expected to go bankrupt. Another reason why employers should review 401(k) participation, contribution and deferral rates.ÂTags: 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.Tags: financial wellness, women, retirement income
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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?ÂRetirement 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?ÂTags: 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!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.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.Tags: investment options, legislation, 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.Tags: participant education, participant behavior, participant communication, gen-z, advice
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