The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
A higher employer 401(k) matching rate corresponded with a greater likelihood for employees to cash out of retirement plans when switching jobs, according to a new survey.
Against the backdrop of a second financial blow to those already struggling to recover from the impact COVID-19 had on their finances, stress levels are on the rise - and employers can offer support in a number of ways, says a survey.
Although fees fell for all employer-sponsored retirement plans, small plans (with 50 participants and $5 million in assets) still pay higher fees, according to a book that analyzes 401(k) fees.
This massive growth will be fueled by a tight labor market and SECURE 2.0 government mandates – and 401(k)s among employers with less than 100 employees will have equaled coverage among employers of 100+ employees.
Plan sponsors can help workers through job changes by preserving assets when possible (not cashing out) and consolidating accounts into the current plan, says a new survey.
The DOL is asking Congress for $5 million to establish a dedicated program, led by the Employee Benefits Security Administration, which recovered more than $1.5 billion in lost benefits for missing participants in 2021.
Retirement income solutions have become more prevalent in employer 401(k) plans, but there's still no industry consensus on how to develop guaranteed retirement income solutions, according to a new survey.
Even so, savers increasingly crave more choice when it comes to their investments - and plan sponsors and advisors should raise awareness about SDBAs for a more personalized, hands-on investing experience, says a new report.
A Connecticut claims management firm misappropriated client health care funds and defrauded lenders by using false and inflated invoices, according to the Justice Department.
Fertility and adoption benefits have been rapidly increasing over the last seven years to attract and retain talent, to save on health care costs and to match diversity, equity and inclusion efforts, according to a new study.