While the official IRS announcement will come next month, the contribution limit for retirement accounts will likely increase from $23,000 to $23,500 in 2025, according to new Mercer and Milliman reports.

This "sandwich generation," more than any others, may need to be made aware of just how short they may be in their retirement savings journey, as well as SECURE 2.0 catch-up contributions, according to a new report.

As plan sponsors continue to evaluate the optional provisions of SECURE 2.0, many have selected which ones best align with their participants, according to Fidelity Investments.

With new provisions in SECURE 2.0 taking effect in 2024, employers have new options they can leverage to engage with employees who want more workplace benefits, such as student loan matching and emergency savings.