C-Suite

Einat Steklov, CEO & co-founder of Kashable, a financial wellness company, believes employers need to address both immediate and long-term financial needs for their employees.

Just as baseball teams once fixated on home run hitters while overlooking equally valuable players with different skill sets, many organizations focus heavily on traditional big-ticket benefits like premium health care plans while missing opportunities to create greater value through strategically allocating their benefits budget.

An interruption of benefits is likely within the next 90 days, former Commissioner Martin O'Malley says.

The average 401(k) retirement balance was $131,700 as of the fourth quarter of 2024.

A good compliance program takes both reactive and proactive approach to ensure that the organization is up to date and meets disclosure requirements in the states where the organization operates and currently has employees and in states where its next employees may be. 

Many plan sponsors believe personalized advice and guidance will improve retirement outcomes and see managed accounts as the next step in the evolution of "one portfolio for all perspectives," according to PGIM's Defined Contribution survey.