Benefits

The new SSA.gov website seeks to help people access and consider this key source of retirement income.

Equity performance and higher interest rates in October contribute to higher funded ratios.

Full-service benefits, wealth management, and retirement providers say plan sponsors can take the opportunity to engage participants beyond just health benefits. 

Despite turbulent year, auto-enrollment continues to thrive, with opt outs lower than expected.

Despite recession fears and sluggish markets that have affected employers, few plan sponsors are planning to cut retirement benefits this open enrollment season.  

Experts caution that when plan sponsors consider adding health savings accounts, the employers must contemplate complex questions and examine the demographics of their workforce.

Aon has accumulated $1billion in plan assets and commitments since it launched the pooled employer plan.  

Himes tells the Investment Adviser Association of the bipartisan support for SECURE 2.0, and shares his views on sanctions.

The research demonstrates that public-sector workers tend to feel safer spending more when they have a defined benefit retirement plan as their primary retirement account.

Businesses will only need to update employee and payroll information, while the program handles most of the administrative duties.

Employees will be eligible for two new benefit programs this month.  

The higher cost of employer-sponsored benefits has driven HR executives to get innovative during this year’s open enrollment.

The state seeks to extend retirement benefits to the almost 150,000 private sector workers who lack access through an employer.

Alight Solutions offers tactics for plan sponsors to boost workers’ 401(k) deferrals following the president’s student loan forgiveness announcement.

CalSavers access was boosted for an estimated 750,000 workers, according to the state of California.   

Don’t call it a comeback: Plan sponsors could thaw frozen defined benefit plans to return them as a retirement benefit for workers.   

The agency has so far approved $7.4 billion under the Special Financial Assistance Program to pension funds covering more than 149,000 participants.

Employers are exploring workplace benefit enhancements to retirement plans to address feelings of financial insecurity and attract and retain employees.