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April 24th, 2020 Information & Insights for the 403(b) Community Pandemic Reveals Overwhelming Need for Financial Wellness Programs More employers will see financial wellness programs as a necessity and emergency savings as a top priority. Get to Know Our Plan Sponsor of the Year Finalists PLANSPONSOR is pleased to present profiles of our plan sponsor of the year finalists in the Nonprofit DC >$500MM category. Profiles can be seen by clicking on the name of the finalist. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” Retirement Confidence Remains Steady Workers’ retirement confidence was not only comparable to last year but was relatively unchanged when EBRI refielded its survey in late March. Social Security Projections in Long-Term Financial Report Similar to Last Year While the estimates are current, they do not reflect the potential effects of COVID-19, the Social Security Board of Trustees notes. Parties in Emory University 403(b) Plan Lawsuit Agree to Settle Only one of the spate of lawsuits challenging university 403(b) plans has gone to trial. SmartDollar Offers Free Trial of Financial Wellness Program to Employers The program is designed to offer people a step-by-step plan to build an emergency fund and get out of debt. Alight Solutions Introduces Employee Well-being Offering Alight Well provides employees with access to personalized communications, individual and team contests and redeemable rewards. Did someone forward you this newsletter? Sign up here to get (b)lines directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 400, Rockville, MD 20850