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February 7th, 2023 Information & Insights for the 403(b) Community Today’s Employees Expect Retirement Plan Benefit in ‘New Savings Paradigm’ A new Vestwell research report details emerging retirement trends for employers and workers. Public Service Workers Face Retirement, Financial Security Concerns State and local government employers can bolster the retirement and overall financial security of workers with expanded access to emergency savings benefits.   Ask the Experts Can Participants Elect to Designate Employer Contributions as Roth or Pretax? I heard that SECURE 2.0 allows participants the ability to elect whether their EMPLOYER contributions are pretax or Roth. Is this true, and can we as a plan sponsor take action to do this right away? Inflation, US Workers’ Recession Fears Force Delayed Retirement A Franklin Templeton Investments study found that although the U.S. economy has not contracted yet, workers feel elevated financial stress and anxiety.     Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850