Financial stress worsened for women during the pandemic, but rebounded relatively quickly as the labor market recovered, however, it's been driven further down with high inflation and limited abortion access.
You can increase participation rates, savings, and good investment choices simply by sitting down with employees individually and giving them a two-slide overview of how the plan works.
Many workers saw the ability to work from home 2-3 days a week as worth 5% of pay, with higher valuations for women, people with children and those with longer commutes.
This latest notice, which gives employers until the end of 2025 to make most changes to their 401(k)s, impacts provisions of CARES and Relief Acts that were not addressed by previous deadline extensions.