LGBT (lesbian, gay, bisexual and transgender) non-retirees reported confidence in retirement savings as well as a need for specialized advice, a survey found.
Designing an employee benefits package to attract and retain people who drive profits makes sense, according to Bob Westbrook, financial planner at Strategic Wealth Associates.
As concern over benefits costs rises, companies also worry about their employees’ ability to save adequately within defined contribution (DC) plans, a Prudential survey found.
More than half of Baby Boomers and Generation Xers are projected to have adequate retirement income to cover basic expenses and uninsured health care costs.
A significant number of employers that still offer defined benefit (DB) pension plans say they remain committed to providing those benefits to new salaried employees.
Small businesses are increasingly concerned about the inadequacy of retirement savings for many Americans and possible government responses, according to a provider of payroll services.
About two-third of advisers avoid discussions about life insurance with their clients because the topic makes them uncomfortable, a survey by Saybrus Partners found.
Combining 401(k) plan features including automatic enrollment, automatic increase and personalized saving/investing advice can significantly increase employee participation rates.
The U.S. Chamber of Commerce released a white paper offering guidelines on initiatives to bolster the voluntary employment-based retirement benefits system and retirement security for workers.
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