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| Benefits & Administration |
| ESPPs Can Help Insulate Retirement Savings |
| Whatever a retirement plan’s stated goal,
economic independence for participants is universally agreed upon. In this
arena, though, many savers tend to be their future-selves’ own worst enemy.
Spending on current wants often trumps future needs, and even the financially
savvy are likely to be distracted by short-term goals such as home ownership
and tuition savings. One way to address this is to align participants’
interests with the plan’s and, by extension, the company’s—by adding an
employee stock purchase plan (ESPP).Read more > |
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| PLANSPONSOR Research |
| PLANSPONSOR’s 2015 Recordkeeping Survey |
| Our 2015 Recordkeeping Survey profiles 66
providers seeking to capture sponsor attention with the right balance of value
and service.Read more > |
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| GAO Requests |
| Survey of 401(k) Plans’ Use of Eligibility and Vesting
Requirements: Building savings in a 401(k) plan is a key step
to achieving income security in retirement for millions of Americans. That
savings may be affected by the eligibility and vesting requirements that are
used by many plans. The Government Accountability Office (GAO) is asking plan
sponsors to participate in its survey examining why plan sponsors use certain
eligibility and vesting requirements, how they may have changed the
requirements, and how they communicate the rules to employees and participants.Read more > |
| Survey of Lifetime Income Options 401(k) Plan Sponsors
Offer Participants: An increasing American lifespan in an era when
the predominant workplace retirement plan no longer guarantees lifetime income
calls into question how well 401(k) plans work for the oldest Americans. The
GAO is asking plan sponsors to participant in a survey that examines the
mechanisms in 401(k) plans that can provide some financial stability to
participants until the end of their lives. It asks about the advantages and disadvantages
of these options, education about them, and barriers that might limit their
adoption.Read more > |
