PLANSPONSOR Weekend Newsdash
Week ending May 6th, 2016
Good retirement plan sponsors are always looking for ways to improve their plans and participant outcomes. That’s one reason financial wellness is such a hot topic. One of our most popular stories this week discusses how to develop a financial wellness program, and in another article, the levels of guidance and advice plan sponsors can offer to employees are described. The Department of Labor’s Employee Benefits Security Administration has released a financial wellness video series plan sponsors can lead participants to. Of course, plan design can improve participant outcomes and Principal offers some best practices for 403(b) plans. In addition, simulations from the Government Accountability Office (GAO) show how plan design decisions can improve retirement income. Have a great weekend, everyone!
Editor's choice
Administration
Best Practices for 403(b) Plans
403(b)s are still catching up with plan design and fiduciary best practices.Read more >
Data and Research
Employer, Employee Decisions Can Change Retirement Savings Picture
The GAO found many individual and employer decisions can substantially raise projected DC plan savings at retirement, especially for low-earning households.Read more >
Administration
The Employer’s Role in Retirement Advice
Retirement plan sponsors have a role to lead and inspire employees and provide good resources.Read more >
Products
EBSA Offers New Financial Wellness Video Series
The Employee Benefits Security Administration has posted a series of videos covering topics including budgeting and establishing retirement savings rates.Read more >
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MOST POPULAR STORIES
2021 DC Plan Benchmarking Survey
Working Past Age 65 May Seem Like a Great Idea …

… but the prospects may vary, based on education, race and gender, says CRR.

2022 Retirement Industry Trends to Follow

As the retirement plan industry looks ahead to the coming year, financial wellness is increasingly seen as a critical solution to help workers and retirees meet their goals.

TRIVIAL PURSUITS: Residents of the Island of Misfit Toys
December 17, 2013 (PLANSPONSOR.com) – Who/what were the residents on the Island of Misfit Toys in “Rudolf the Red-Nosed Reindeer?”
Employees Don’t Want ‘All or Nothing’ When It Comes to Guaranteed Lifetime Income

Eighty-one percent of respondents to a survey indicate they are at least somewhat likely to prefer a retirement plan that substitutes guaranteed income for safe investments such as bonds.

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

Advertising: advertise@strategic-i.com

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