Retirement Trends

Financial wellness benefits and education provide an opportunity to put the pieces together and teach employees to apply the full range of workplace benefits, such as pre-tax transit benefits or education costs, to their personal financial needs.

Even though balances fell from last year and last quarter, asset allocations and trading remained steady heading into the final quarter, according to a Schwab report.

In some cases, plan sponsors are being told that their termination basis funding levels are significantly lower than they actually are, which could be a result of misinformation tied to outdated glide paths or lump sum pension payouts.

Looking to the year ahead, now's the time to take stock of your company's retirement plan to ensure it has adopted the following automatic features that help set your workforce up for investment success.

Plan sponsors need to be more receptive to bringing in someone that's going to give holistic advice to employees – to educate them about saving for retirement – and it all starts with employers, says a new study.

Employees still kept their employer-sponsored retirement plans on track in Q3 even as they saw a decline in their retirement accounts, according to Fidelity.