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February 4th, 2022 Information & Insights for the 403(b) Community Public Sector 403(b) Plans Have a Participation Problem Nonetheless, there are ways governments can create more engaged employees and encourage workers to join defined contribution plan programs. Nominations for Plan Adviser of the Year Open PLANSPONSOR’s sister publication PLANADVISER is soliciting your help in identifying the best retirement plan advisers in the country. If you work with or for, or know of, a great plan adviser or plan adviser team, please help us recognize the best in the business. Nominations for the 2022 PLANADVISER Retirement Plan Adviser of the Year awards are now being accepted in six categories: Plan Sponsor Service; Plan Participant Service; Mentorship; Efforts in Diversity, Equity and Inclusion (DEI); Community Impact and Giving Back; and Closing the Coverage Gap. Advisers and adviser teams can be nominated by clicking on this link. Ask the Experts Email amy.resnick@issgovernance.com with subject line “Ask the Experts.” Plan Design Strategies to Boost Retirement Outcomes for Low-Income Participants Sponsors have a toolbox of plan design and benefit approaches they can use to boost retirement outcomes for low- and moderate-income earners. Social Security Replaces More Retirement Income for Low-Income Participants Plan sponsors can assist low- and moderate-income workers’ retirement readiness by educating them about the benefits of delaying Social Security until full retirement age. Empower Retirement Reveals New, Shorter Name The company says it wants to help people achieve both short- and long-term financial goals, and the name change from ‘Empower Retirement’ to just ‘Empower’ helps capture that. 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