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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 AuthorAt What Rate Should Rehires Be Auto-Enrolled
Employer Question of the Week: At what deferral rate should rehires be auto-enrolled in the company retirement plan? #QAEmployer Question of the Week: At what deferral rate should rehires be auto-enrolled in the company retirement plan? #QAEmployer Question of the Week: At what deferral rate should rehires be auto-enrolled in the company retirement plan? #QATags: automatic features, deferral rates, rehires
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Publisher: SHRM
Author: Stephen Miller, CEBS401(k) Auto-Enrollment Proves Popular
Numbers don't lie! Plan sponsors offering automated plan features see positive effectsNumbers don't lie! Plan sponsors offering automated plan features see positive effectsNumbers don't lie! Plan sponsors offering automated plan features see positive effectsTags: automatic features, employee enrollment, legislation, deferral rates, 2022
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Publisher: PLANSPONSOR
Author: No AuthorIncreasing DC Plan Default Deferral Rates a Better Driver of Higher Savings
Could increasing the default savings rate be a best practice to help boost new participants’ retirement savings? See the research and outcomes here.Could increasing the default savings rate be a best practice to help boost new participants’ retirement savings? See the research and outcomes here.Could increasing the default savings rate be a best practice to help boost new participants’ retirement savings? See the research and outcomes here.Tags: retirement readiness, plan design, deferral rates
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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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