Tag: Plan design

There are actions plan advisers and their sponsor clients can take to help participants focus on budgeting and saving. 

An extensive new report from BrightScope and the Investment Company Institute finds 401(k) plans have significantly evolved towards “packages of features and choice” tailored to individuals, especially in...

First-time health savings account usage also increased nicely.

Teaching defined contribution plan sponsors to manage money more like their pension plan counterparts—and other large institutions known for efficient investing—leads to better outcomes, experts say. 

“A phone consultation, an illustration of lost future value, or an example of net take-home after taxes can effectively dissuade participants from accessing retirement funds prematurely,” according to...

Retirement plan experts also expect defaults to move to 6% or higher

Hundreds of thousands of frequent flyer miles and dozens of client meetings across several continents will give a DC industry pro some interesting perspective on cross-border financial planning...

Inertia is a term usually reserved for retirement plan participant behavior, but plan sponsors can also drag their heels.

There are several factors to consider when deciding whether and how to implement automatic enrollment before making it a done deal.

Generation X, especially, would value richer retirement benefits, a survey finds.

How ‘robo’ methods turned the investment strategy into a viable default for 401(k) plans. 

ERISA attorney outlines key fiduciary responsibilities related to retirement plan distributions and rollovers.

An analysis from Fidelity explores the many long-term pitfalls and few short-term benefits of taking a loan from a DC retirement account. 

Even if employees are convinced to sign up for a high-deductible health plan with an HSA, they may experience disappointment when they use the plan, so ongoing communications...

For some clients there are major potential benefits in converting pre-tax retirement plan accounts to a Roth account. For others it’s a pretty bad idea and can lead...

The group suggests other efforts to address the retirement savings crisis in America.

Financial Finesse offers suggestions for improving employees’ retirement preparedness and making sure Millennials do not end up in the same situation many Baby Boomers are in now.

“Life Connect brings asset data together for a user to see their full retirement plan picture,” says Scot Marcotte, with Buck Consultants at Xerox.

Aon Hewitt finds DC plan sponsors are beefing up plan features to improve participant outcomes.