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Remote work was a growing trend even before the COVID-19 pandemic made it a necessity for many companies to remain operational. Prior to the pandemic, about 4 percent of the population worked remotely, a figure that ballooned to about 42 percent of the U.S. labor force during the pandemic. While these numbers are expected to recede somewhat as office buildings re-open, remote work is likely to remain at about 22 percent through 2025.

This dynamic creates challenges for human resources staff, particularly when it comes to helping employees save for retirement, according to new research from Morningstar titled “Out of Sight, but Not Out of Mind: Helping Remote Workers with Retirement Management Accounts.”

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