Demand for Supplemental Health and Other Voluntary Benefits Has Grown
LIMRA finds increased sales for workplace life, disability and supplemental health products, and that COVID-19 increased employees’ interest in accessing...
Tag: coronavirus
Benefits |
More Employers Are Engaging With Voluntary Benefits
Experts say such offerings could help improve employees’ financial wellness and retirement security.
EBSA Disaster Relief Notice Highlights Pandemic’s Lasting Impact
This latest regulatory development is just another piece of evidence underscoring how extraordinary the last 12 months have been.
CARES Act Considerations: CRDs, RMDs, Taxes and More
Between retirement reforms first created by the SECURE Act and then updated by the CARES Act, there is a lot...
Women’s Retirement Savings Especially Affected by the Pandemic
Offering employees flexible work schedules and access to financial advice are among actions plan sponsors can take to help.
Products |
Prudential’s Financial Wellness Offering Now Includes Caregiving Resources
The firm notes that the coronavirus pandemic has added to the burden many caregivers bear and created more caregivers.
Benefits |
Why Retirement and Emergency Savings Need to Go Hand in Hand
Nearly 30% of workers have no emergency savings fund, leading many to raid their retirement accounts.
The Pandemic Hasn’t Affected Retirement Savings Overall
Some Americans report having difficulty saving for retirement during the pandemic, but researchers found 401(k) contributions remained steady and mass...
What If a Participant Received a CRD After December 31?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Pandemic Puts More Households at Risk in Retirement
The Center for Retirement Research says half of American households are at risk of not being able to live at...
Partial Plan Termination Relief Provided in New Stimulus Bill
The legislation also includes rules for qualified disaster relief payments and extends some provisions of the CARES Act.
COVID-19 Having Major Impact on Pensions
Many terminated or furloughed employees have taken early retirement, curtailing contributions and raising payout obligations.
Research Finds Workers Are Shifting Financial Priorities
The study shows more Americans are focusing on emergency savings accounts rather than long-term goals, including retirement.
Products |
Nationwide New Business Fee Waiver Extended Through March
The firm is also offering plan participants a 90-day trial period of its managed account solution.
COVID-19 Driving Keen Interest in Financial Wellness Programs
The programs proved to be quite effective in allaying retirement plan participants’ fears about market volatility.
With Savings on the Decline, Health Care Workers Less Optimistic About Retirement
A third are planning changes to their retirement date, with the majority planning to delay it.
Defined Benefit Plan Sponsors Should Reassess Their Investments
Willis Towers Watson offers 10 suggestions for DB plans for 2021.
Best of PSNC 2020: Legislative and Regulatory Update
Speakers discussed the SECURE Act, the CARES Act and the DOL’s guidance on ESG during the first day of the...
Older Workers Suffering Higher Unemployment Rates Since COVID-19
This threatens older workers' retirement security, says a report from The New School, in which it makes policy suggestions.
Helping Employees With Financial Decisions During COVID-19
When the pandemic is financially and emotionally affecting employees, they need access to sound reasoning.