Millennials and Retirement Savings: The Importance of the 401(k)
As the oldest members of the Millennial generation are headed into their forties, encourage increased saving efforts via 401(k) plans. Unprecedented Challenges—and Possibilities Too Millenials have been the largest generation in the US labor force…
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Protecting Your Plan’s Most Vulnerable Participants
Older workers and retired plan beneficiaries will appreciate stepped up communications related to safely accessing their retirement accounts in this digital era. Identity Fraud: $17 Billion Increasingly, identity theft—and fraud are impacting more and more…
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Legal Experts Implore Plan Sponsors: Protect The Data!
Because retirement plans contain sensitive participant data, plan sponsors must step up efforts to protect it from cybersecurity threats. Legal experts urge more precautions. An Explosion of Data Breach Lawsuits As reported by PlanSponsor:…
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Optimism for 2021: Rev Up Retirement Savings
With small and mid size business owners expressing optimism about 2021, retirement plan sponsors can jumpstart savings efforts for the long term security of employees. Small Businesses Lighting the Path As reported on PR Newswire:…
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Going Beyond Passwords for Protection!
The pandemic has led to an accelerated transformation in the business world. Yet, identity protection continues to rely mostly on passwords. With the cost of identity fraud rising, what does the future hold? Steering…
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Employers Increasingly Concerned About Employee Finances
A growing number of employers are concerned about the financial well-being of employees—and employees want more financial guidance. Retirement plan sponsors have a bigger role to play! Overall Financial Well-Being Programs Bank of America’s…
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The Importance of Communicating About Employee Benefit Plans
Employees lack trust in benefit plans. As a business owner—and plan sponsor, take action to respond to their needs. A great first step: provide more information. What Do Employees Want to Know About Benefit Plans?…
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