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Tag "COVID-19"

How Can 401k Plan Sponsors Make Employees Aware of Age-Based Social Security Risk

    How Can 401k Plan Sponsors Make Employees Aware of Age-Based Social Security Risk

If plan sponsors want to alleviate retirement angst among plan participants, they need to ensure they provide full transparency regarding factors that extend beyond the plan. Plan sponsors have an obligation to explain their retirement benefits within the context of these outside factors.

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Will COVID-Related 401k Plan Shrinkages Push Companies to Pooled or State Solutions?

    Will COVID-Related 401k Plan Shrinkages Push Companies to Pooled or State Solutions?

Unless state-sponsored efforts can defy the stultifying reality of any political process, they are unlikely to pivot fast enough to overcome the fast-paced offerings coming from these private sector offerings.

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Here’s How The 401k Fiduciary Dispels The “This Is Retirement?” Corona-Quarantine Fear

    Here’s How The 401k Fiduciary Dispels The “This Is Retirement?” Corona-Quarantine Fear

Many see the quarantine as a test run for retirement. There are those who view this “test run” and say they never want to retire. How do you dissuade them of this notion that they’re practicing retirement right now?

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Retirement Plan Pros Speak Out on CARES Act From a Fiduciary Perspective

    Retirement Plan Pros Speak Out on CARES Act From a Fiduciary Perspective

This isn’t free money. It comes at a price. Many naïve folks might be salivating at the prospect of releasing these big bucks from the prison of their retirement plan… until they read the fine print.

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COVID-19 Quarantine Question: How Should 401k Plan Sponsors Communicate to Employees Working From Home?

    COVID-19 Quarantine Question: How Should 401k Plan Sponsors Communicate to Employees Working From Home?

With the large influx of employees working from home, telecommuting may be here to stay. Companies need to rethink how they’ve addressed 401k communications in the past. One never knows when the “new” normal will appear.

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