Data and Research | January 2nd, 2024 Inflation, Student Loans Continue to Be Stressors for Participants Heading Into 2024 While many employees reported receiving pay raises in the last year, the majority say their salary is not keeping up...
Benefits | November 7th, 2023 Abbott Labs Releases Blueprint to Help Employers Offer Student Loan Benefits As student loan debt is a key driver in many employees’ financial stress, Freedom 2 Save—first implemented in 2018—could be...
Administration | October 19th, 2023 Unum Plans Enhanced Student Loan Debt Repayment Program The plan sponsor will add flexibility to a program that allows workers to use paid time off to repay student...
Data and Research | October 10th, 2023 Women Making Retirement Savings Progress, Fidelity Finds A higher percentage of women are saving for retirement than four years ago, and women are staying the course when...
Benefits | October 3rd, 2023 Inflation Did Not Curb Participants’ Retirement Savings in First Half of 2023 Despite consistent contributions, participants taking loans or hardship withdrawals are half as likely to use auto-increase plan feature, T. Rowe...
Compliance | September 21st, 2023 Democrats Introduce Bill to Protect Social Security Benefits From Student Loan Garnishment Student loan payments are set to restart in October, and some collecting Social Security could soon see their benefits garnished.
Data and Research | August 14th, 2023 Plan Sponsors Push Toward Retirement Income, Financial Wellness Over Last Decade Plan sponsors have increased their focus on delivering expanded benefits and employee financial wellness programs in defined contribution plans, according...
Deals and People | July 28th, 2023 Vestwell Acquires Student Loan Benefits Firm Gradifi from Morgan Stanley The move adds student loan related tools such as employee payment management and debt refinancing to the digital 401(k) providers...
Benefits | July 24th, 2023 Employer-Sponsored Retirement Plans Continue to Be Valued by US Workers American workers are more likely to remain with their current employer if offered an employer-sponsored retirement savings plan and at...
Products | July 13th, 2023 Investment Product and Service Launches Schwab introduces tools for workers with student loan debt; CapIntel launches proposal builder for SEC Marketing Rule compliance; Penny Finance...
Benefits | July 6th, 2023 Supreme Court Ruling Leaves Student Loan Borrowers Looking for Help Workers with student loan debt may start to feel a pinch when payments resume in October. Plan sponsors have an...
Compliance | June 30th, 2023 Supreme Court Strikes Down Biden’s Student Loan Forgiveness Plan The court’s conservative majority rejected President Biden’s plan to cancel up to $20,000 in student loan debt for eligible borrowers.
Benefits | June 8th, 2023 With Student Loan Payments Resuming, How Should Plan Sponsors Respond? The three-year freeze on student loan payments ends August 29, and plan sponsors have an opportunity to help relieve employees’...
June 5th, 2023 Biden Signs Debt Ceiling Bill, Averting Government Default President Joe Biden signed the bill into law on Saturday, suspending the debt ceiling until 2025.
Data and Research | May 10th, 2023 Retirement, Broad Financial Fallout From COVID Continues A defined contribution industry survey finds lasting financial effects to retirement plan participants.
Compliance | April 27th, 2023 Republican Debt Ceiling Proposal Would Cut Means-Tested Programs, Student Loan Forgiveness The proposal passed the House Wednesday and would slash spending on green energy and anti-poverty programs in exchange for lifting...
Benefits | April 18th, 2023 Employees Favor SECURE 2.0 Mandates, Larger Matches Plan sponsors may bolster retirement plan engagement and contributions with SECURE 2.0 enhancements, a Natixis survey shows.
Data and Research | March 31st, 2023 Employers Grossly Overestimate Employee Well-Being, Annual Study Shows Employees’ long-term job satisfaction has trended downward as the gap between employee and employer perception of well-being yawns wider, MetLife...
Data and Research | March 15th, 2023 Increased Credit Card Debt Poses Threat to Emergency and Retirement Savings Nearly half of the respondents to a LendingTree survey said they are living paycheck-to-paycheck.
Benefits | December 16th, 2022 2022 Plan Progress Webinar Series: Student Loan Debt Benefits A panel of experts in workplace benefits outlined student loan debt assistance benefit options available to employers, in the current...