PLANSPONSOR Weekend Newsdash
Week ending April 26th, 2019
Retirement plan sponsors are seeing the relationship between employees being financially well and being able to save for retirement, and are taking up the cause of helping employees by offering financial wellness programs. But, aside from education about budgeting and credit card debt, among other things, financial wellness programs can include benefit offerings to help employees address current financial issues. Enjoy this edition of PLANSPONSOR Weekend, focused on financial wellness.
Editor's choice
Benefits
Successful Financial Wellness Programs Go Beyond Just Education
Top recordkeeper financial wellness programs provide tools that offer data visualizations, calls to action, dynamic modeling and follow-up options, according to Corporate Insight.Read more >
Administration
Actionable Steps Engage Employees in Financial Wellness Programs
Meredith Ryan Reid, with MetLife, says the human element is also really important.Read more >
Administration
Employees Rely on Employers for Financial Advice
Working with recordkeepers that offer financial wellness programs can help a market of plan participants underserved by individual retirement advisers.Read more >
Benefits
More Employers Embracing Student Loan Debt Programs
Nearly one-third of employers, 32.4%, offer or are planning to offer some student loan debt program, such as debt consolidation, refinancing or employer-paid subsidies, according to EBRI’s 2018 Financial Wellbeing Survey. Those employers that are focused on student loan debt are more than twice as likely than the typical survey respondent to have measured the financial well-being needs of their employees.Read more >
MOST POPULAR STORIES
The Growing Interest in Guaranteed Income Options

As employers begin to question the effectiveness of target-date funds as a retirement spending vehicle, interest in guaranteed lifetime income has grown.

2021 Recordkeeping Survey
TRIVIAL PURSUITS: How Many States Are in More Than One Time Zone?
Some states are in more than one time zone.
TRIVIAL PURSUITS: Meaning and Origin of the Idiom “Watershed Moment?”

Some may describe the arrival of the coronavirus as a “watershed moment.”

Emergency Savings Programs Boost Retirement Outcomes

A report from DCIIA and Commonwealth suggests that emergency savings should be placed in an account that is distinct from funds intended for long-term retirement savings.

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: advertise@strategic-i.com

Subscribe to NewsDash, click here.
To unsubscribe, click here.
BrightScope / CIO / FWW / Investor Economics / LiquidMetrix / Market Metrics / Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund