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Wednesday, November 17th, 2021
A biweekly topical newsletter from PLANSPONSOR
Participant Engagement
A newsletter for retirement plan sponsors, with data and information to help with engaging plan participants.
Using Nudges to Improve Employee Decisionmaking
Indirect, tactical ways to move employees to make the best retirement savings decisions can help overcome behavioral biases.
Data and Research
Participants Missing the Full Match Remains a Big Problem
A new survey shows there are several reasons employees decide not to contribute to their retirement plans.
K-12 Public School Employees Need Retirement and Financial Planning Help
Personalized, holistic financial education through various mediums can make up for the one-on-one provider meetings they were used to before the pandemic hit.
What Participants Want From Employers’ Retirement Plan Websites
A recent study found 81% of participants have logged into their accounts, with most signing in to check account balances or review investment options.
Encourage or Caution—Which Works Best?
The communications plan sponsors use can affect participant outcomes.
Engaging K-12 Employees With Retirement Saving in a Changed Environment
A mix of virtual and in-person education and planning, along with digital tools, is helping meet the needs of K-12 retirement plan sponsors and participants in a hybrid world.
Addressing Forgotten Accounts Can Improve Retirement Savings Outcomes
A better investment mix and increased savings are just two advantages participants who have disengaged with prior plan accounts gain by consolidating them, and plan sponsors can also benefit from helping them do so.
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