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February 2nd, 2018 |
 | PLANSPONSOR is pleased this week to announce finalists for the 2018 Plan Sponsor of the Year. This year we will be awarding finalists in nine categories. Today we announce finalists in two nonprofit defined contribution (DC) plan categories.Read more > |
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2018 Plan Sponsor of the Year FinalistsPLANSPONSOR also announced finalists in the Public DC category.Read more > |
Empower Draws Participant Engagement With Estimated Retirement IncomeStarted in December 2010 and conducted through September 2016, Empower studied participant savings outcomes upon introducing predicted monthly retirement income, and found that employees in their plans are likely to save better and have higher engagement. The study shows that when individuals view their projected monthly income in retirement, those who take action increase their savings rate by 8% (7.07% to 8.4%), on average. A health care cost estimator tool and a peer comparison feature also resulted in increased savings rates.Read more > |
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ASK THE EXPERTS
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Groom Law Group and Cammack
Retirement Group will field your
questions concerning 403(b) plans
and regulations. Email rebecca.moore@strategic-i.com with Subject
Ask the Experts
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