Newsletter

Give Your Plan a Retirement Wellness Exam An 8-Step Assessment To Help Drive Employee Retirement Readiness Do the key features of your plan focus directly on getting your workforce fit for retirement? Use this review as a high-level guideline for…

Washington Update: Fiduciary Rule In April 2024, the Department of Labor (DOL) finalized a new definition of who qualifies as an investment advice fiduciary and what those individuals must do in order to receive a fee for providing that investment…

Hooray for the 401(k)! Defined Contribution Plans Highly Valued by Americans As a plan sponsor, you spend a lot of time with your advisor making sure your workplace retirement plan is as competitive and effective as it can be. You…

Playing the Long Game Longevity Literacy and the Connection to Better Retirement Planning As retirement planning evolves, different ways to think about it continue to emerge. One example of this is the concept of longevity literacy, which has gained prominence…

Inside the Minds Survey Reveals Shifting Employee Priorities Regarding Financial Needs Employees are prioritizing short-term financial needs over retirement savings, according to findings from Bank of America’s 13th Annual Workplace Benefits Report. The survey found fewer employees are prioritizing long-term…

Closing the Generation Gap Generational Differences Toward Retirement Readiness Can Help Inform Your 2024 Education Strategy On average, American workers today expect to need $1.27 million to retire comfortably, up from $1.25 million in 2022, according to Northwestern Mutual’s 2023…

Taking a Cue Recent Study Offers Employee Trends To Consider in Your Plan Design Strategy T. Rowe Price’s 2022 “Participant Reactions and Trends” report revealed that employees have largely stayed the course during the market volatility, economic uncertainty and many…

One for the Ages How Will You Embrace the Automatic Age? Since the beginning of time, there have been several ages that reflect society propelling itself forward in physical, intellectual and technological ways. First, there was the Stone Age. Then…

Eyes on the Prize Despite Challenges, Americans Remain Focused on Saving for Retirement In the face of economic uncertainty, market volatility, geopolitical unrest and the ongoing COVID-19 pandemic, plan participants have continued to save for retirement. Vanguard’s annual report, “How…

Making Portfolios Personal A recent survey showcases the increasing desire for in-plan ESG investment options A new survey offers some key insights into why plan sponsors may want to consider building an investment lineup to meet the growing demand for…