It's not so much a lack of desire to save as it is a lack of educating employees on the benefits of saving that hinders participation in retirement plans.
It's not just HR that hardship withdrawals and loans hurt. For the participant, it means a possible and often unexpected tax bill next year. For you, it means depleting your plan's assets.
Ever notice when it comes to stress, we feel it more than we think about it? By the time we do think about our stress, its effects can already be influencing our mood, our behavior and our decisions. Our research shows that financial stress is