Expert Opinion

Here's how four employees – in four different employment situations – could accumulate more than $1,000,000 in an employer-match retirement plan.

Support is especially critical to lower-salaried employees, who are more likely to delay or forgo preventive care, regular check-ups, surgeries, and even dental appointments, which were delayed by COVID.

If plan features are preventing many retirees from preserving their retirement assets, adding versatile decumulation options, such as installment services and ad-hoc withdrawals, can provide them with an array of options.

The sweeping SECURE 2.0 legislation aspires to bridge the gap through incentives and mandates, however, a public policy organization is proposing a new retirement saving program modeled after the federal Thrift Savings Plan.

To be successful, you need a system that takes a large universe, distills it down to potential prospects and gets you in front of the right person at decision making time.

As the new law rolls out, some plan sponsors are questioning whether the government's capabilities to negotiate with Medicare on lower drug prices could prompt manufacturers to increase medication costs for employer plans.