Retirement Trends

Since 2012, every state except Alabama has either enacted or introduced legislation that would establish state-facilitated retirement savings programs, and 10 states already have fully operating auto-IRAs.

Employers need more frequent and continuous benefits education throughout the year, and not just during open enrollment.

Most employees would prefer financial benefits such as a company stock plan, and a broad-based plan tied to payroll such as employee stock purchase plans may be a good fit, as more employees will be able to participate.

About half of millennials (56%) and Gen Z talk (49%) about money regularly, compared to 22% of baby boomers, according to CNBC, but employers can encourage employees by offering financial education.

There is a disconnect between the idealistic notion of early retirement vs. the reality of prioritizing saving for it, and one clear area for improvement for many employers is offering financial education, according to a new survey.

Employers depend greatly on their advisors and consultants – called "gatekeepers," in a new retirement income white paper that says 83% of plan participants said their employers should offer in-plan retirement income options.