Participants | April 17th, 2024 Competing Priorities Pose Challenges to Gen Z, Millennial Workers Saving for Retirement Employers should encourage younger workers to build emergency savings before contributing toward the company match and paying off student debt,...
Benefits | November 20th, 2023 Analysts Agree IBM Pension Thaw Benefits Both Participants and Plan Sponsor IBM’s decision to unfreeze its pension is a ‘strong endorsement’ of plan sponsors operating parallel defined contribution and defined benefit...
Benefits | November 3rd, 2023 IBM Plans to End 5% Employer Matching in 401(k) Plan The American multinational technology company is pulling its traditional 401(k) company match in favor of a company retirement account contribution...
Products | December 7th, 2022 Online Brokerage Robinhood Introduces Retirement Account Robinhood Retirement is now offering an IRA with a 1% company match from the stock-trading platform.
Products | March 17th, 2021 John Hancock Dashboard Enables Retirement Readiness Analysis It also allows sponsors to identify opportunities to improve participant outcomes.
Products | August 27th, 2020 FinFit Savings Program Enables Company Match Employers can match up to 100% of employees’ contributions.
Products | January 15th, 2019 New, Flexible Student Loan Debt Repayment Program Employees can determine how they want to allocate employer 401(k) matching dollars—be it to their retirement account, to their student...
Data and Research | December 7th, 2018 403(b) Core Menus Offer Variety of Investments On average, they offer 27 core investment options, according to ICI and BrightScope
Data and Research | December 6th, 2018 Workers in ESOPs Have Double the Retirement Savings ESOP participants have an average retirement balance of $170,326, more than twice the $80,339 that other workers have saved
Administration | November 30th, 2018 Strategies for DC Plans to Mitigate Risks in 2019 Willis Towers Watson offers nine actions for DC plan sponsors to mitigate risks in 2019.
Products | August 16th, 2018 Program Allows Participants to Move Matches to Student Loan Debt With a new service from BenefitEd, workers can move the entire match over to pay down their student loan debt...
Data and Research | March 12th, 2018 Sponsors Using TDFs, Auto Enroll to Boost Savings Employer contributions and loans are also prevalent, a Brightscope/ICI report says.
Data and Research | February 12th, 2018 Many Employers Plan to Use Tax Breaks on Compensation, Benefits Of this group, 25% said they will increase their company match to the 401(k) plan.