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The pandemic has pressured some employers to cut or pause their 401(k) contribution matches, but Benartzi suggests that employers who are considering such a move adopt a stretch match instead.Lawmakers have scrambled over the past year to minimize the financial impact that early withdrawals might have on retirement savers forced to dip into their accounts due to the pandemic. In a white paper for Voya Financial, Shlomo Benartzi, professor emeritus at UCLA Anderson School of Management and senior academic advisor at Voya, asks the question, “if we make it easy to draw down savings, how can we make it even easier to accumulate savings once the hardship is over?”
SPACs are becoming increasingly attractive to both private companies and investors. You can expect to hear more about SPACs as 2021 unfolds.
Alight Solutions survey finds employers overwhelmingly view financial wellbeing as part of an overall whole-person approach to wellbeing that also includes physical, emotional and social aspects.
Workers want guaranteed income, pension plans.
Guide
Sponsored by FormFire
The Remote Broker's Guide to Navigating the New Normal
As remote work becomes more permanent, don’t just wait for things to go back to the way they used to be -- master the way things are now.
White Paper
Sponsored by Fruit Street Health
Prevention Cost Savings: What is the ROI for Diabetes Prevention?
Cut healthcare costs through a direct intervention program.
Report
Sponsored by Lyra Health
2021 Workplace Mental Health Trends Forecast
The mental health crisis that came to dominate in 2020 will only continue to affect how your employees live and work this year. Find out how you can help!
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