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.
Tag "retirement"
Now is the time for 401k plan sponsors to seize their fiduciary mantle and provide the guidance and tools plan participants need to dodge emotional decisions that could ruin their chance for a comfortable retirement.
Perhaps, just as plan sponsors have developed onboarding programs for new hires when it comes to saving for retirement, maybe they should add “unboarding” programs as a bookend for those nearing retirement.
When you’re not an expert in an important job that you need done, what do you do?
Not being able to easily monitor how former employees apply these tools, however, can increase the fiduciary liability of plan sponsors.
401k plan sponsors have a renewed focus on the three F-words of offering employee retirement benefits: Fiduciary, Fees, and Financial Wellness. Here’s how plan sponsors answer questions related to each of these three F-words.
SEC’s best interest, ERISA’s fiduciary, and through the floor on fees.
SECURE Act recap, BI coming, and ESG sizzling.
Social Security redux, the good, the bad and the fee ugly, and from fad to foundational investments.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 6/14/19
SECURE, BI, and 3% fees!