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Closing the wealth gap: New approach to bolster retirement security for nonprofit workers
There needs to be a multi-faceted approach, spanning policy reform, organizational change, individual savings, and expanded philanthropic support, according to Just Futures’ George Guerrero.
Rallying around retirement income: Advisors are educating plan sponsors
Only 58% of plan sponsors believe participants are on track with their retirement savings, which is why most (82%) advisors are recommending a retirement income solution to DC clients, according to a Blackrock survey.
It’s official! IRS announces 401(k) contribution limits for 2025
The IRS announced today it will increase 401(k) contribution limits to $23,500 (from $23,000 in 2024), the same increase as last year, while limits for employees over 50 remains unchanged.
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In the world of benefits, knowledge is power, and numbers tell the story.
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