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Benefits & Administration |
Employees Want Custom Benefits Communication |
Employees entering the work force and those near
retirement need tailored communications to optimize workplace benefits,
according to the third annual Guardian Workplace Benefits Study. Employees just
starting their careers and those nearing retirement have distinct financial
needs. Read on to learn how early entrants differ from near retirees in their
needs and concerns.Read more > |
Participant Distribution Decisions Have Implications for Plan Design |
In an update to its December 2013 analysis of
retirement-age defined contribution (DC) plan participant distribution
decisions, Vanguard found more than two-thirds of participants take steps to
preserve assets, and nine in 10 plan dollars are preserved for retirement.
According to Vanguard’s report, “Retirement distribution decisions among DC
participants—An update,” retirement plan participants’ distribution behavior
has implications for the design of target-date funds and retirement income
programs.Read more > |