Products January 23rd, 2023 Delta Taps Fidelity to Run New Emergency Savings Program Starting in January, Delta will give eligible employees up to $1,000 toward an emergency savings account if they complete a...
Compliance January 3rd, 2023 Implementing SECURE’s Emergency Savings Provisions Emergency savings options within retirement plans will finally be possible in 2024. But implementing them will require work that might...
Compliance December 22nd, 2022 SECURE 2.0 Passes Senate as Industry Overwhelmingly Hopes for House Passage The bill, which is awaiting House vote, contains the most popular provisions while also giving time for actors to come...
Compliance December 20th, 2022 SECURE 2.0 Bill Contains Popular and Widely Anticipated Retirement Reforms Legislation now needs Congressional approval, along with the budget, and the president’s signature this week.
Compliance December 12th, 2022 Expert Consensus: SECURE 2.0 May or May Not Pass Passage of the final bill depends on whether Congress can pass an annual budget.
Compliance November 14th, 2022 A Closer Look at the Emergency Savings Provisions in SECURE 2.0 Research shows ESAs can increase investment in retirement savings accounts, but Senate bills involved in SECURE 2.0 package contain different...
Plan Design / Cover Story Balancing Act How advisers can help participants prioritize their savings, with retirement in mind.
Products August 12th, 2022 Alerus Makes Emergency Savings Accounts Available for Retirement Plan Participants Participants save via employer payroll deductions and interest is paid monthly.
Client Service July 26th, 2022 Could ‘Buy Now, Pay Later’ Trend Weaken Savers’ Financial Wellness? Some ‘buy now, pay later’ services promise no interest or fees and no impact on a consumer’s credit score—but that...
Client Service July 26th, 2022 Pandemic’s Wake Draws Emergency Savings Accounts Into Focus The pandemic and its impact on the global workforce have underscored the importance of—and increased demand for—a backup plan for...
Compliance June 8th, 2022 RISE & SHINE Act Markup Scheduled Lawmakers will convene an executive session to mark up the RISE & SHINE Act on June 14, according to a spokesman from the Senate...
Products May 26th, 2022 Milliman Partners with SecureSave on Emergency Savings According to the firms, employees with access to SecureSave save an average of $103 a month towards an emergency savings account.
Products May 13th, 2022 Transamerica Latest to Add Emergency Savings Accounts The solution, which aims to help employees save for unexpected events that may impact their retirement security, is being rolled out via new relationships for the firm with...
Data & Research March 29th, 2022 Report Offers Considerations for Using Retirement Plans to Help With Emergency Savings Roth and after-tax accounts could be used to facilitate emergency savings, with certain considerations about the cost of accessing funds...
Improving Outcomes | Emergency Funds Life Happens When participants have no choice but to draw from their retirement plan.
Client Service December 15th, 2021 Financial Wellness Trends Shine a Light on Employee Needs Areas of focus have shifted during the pandemic and will define trends for the new year.
Data & Research December 8th, 2021 Health Shocks Often Derail Financial Stability A new survey shows workers’ ability to maintain or regain financial control after a serious, unexpected health event appears difficult—if...
Data & Research October 21st, 2021 New Benartzi Paper Dissects Narrow Framing Phenomenon Would you accept a bet in which you win $200 if a coin lands on heads and lose $100 if it lands on tails? What if you could...
Cover Story Masterminds of the Plan How advisers can use RFIs to ensure they match clients with the best providers.
Compliance June 2nd, 2021 Enhancing Emergency and Retirement Savings Act Unveiled The bill would encourage retirement plan participation by giving people penalty-free access to funds in the event of an emergency.