Survey data shows the COVID-19 pandemic has changed the way workers understand and appreciate both their health care benefits and their retirement planning opportunities in the workplace.
Tag: retirement plan education
Just over six out of 10, 61.6%, said they engage with their retirement plan, according to a survey by Vestwell.
The new website features a modern, easy-to-use design, improved navigation, and a blog it says will be an educational resource for employees and employers.
TIAA is helping its plan sponsor clients create their own National Retirement Security Week campaigns with ready-to-use content, while Mutual of America is conducting on-site group presentations.
An IALC report suggests plan sponsors apply educational resources—like seminars and informational fairs—to heighten employee participation.
“If a plan sponsor can invest in an adviser or other person to provide direction for terminating or retiring employees, that would be extremely helpful,” Terry Dunne, from Millennium Trust Company, told 2018 PLANSPONSOR National Conference attendees.
Latino women admitted that they did not know enough about retirement planning and wanted to learn more, a study found.