Retirement Advisor

With SECURE 2.0 signed into law, featuring new auto-enrollment requirements, retirement advisors can help prepare payroll systems for the new regulations, otherwise employers will face the possibility of fines.

From 2017 through 2021, most non-retirees expected a comfortable retirement, but during the Great Recession and in the past two years amid high inflation, less than 50% of non-retirees have been optimistic, says a Gallup poll.

Employers should consider re-examining their financial wellness offerings because access to a 401(k) and a 401(k) matching program are the most important benefits to employees, says a survey.

Too often, employers fail to think through the workforce implications of their plan designs and focus on cost, but neglect to what extent delayed retirements can greatly impact build-from-within management strategies.

When it comes to 401(k) knowledge, there are varying levels of understanding across the generations: Just 60% of Gen Z knows what a 401(k) is, whereas 72% of millennials, 82% of Gen X, and 95% of boomers do, says a new study.

The new legislation is a win-win for workers and small businesses, offering access to expanded retirement plan benefits for employees and helping to level the playing field for small businesses competing to retain top talent.

After more than three years on pause, federal student loan payments are scheduled to resume in October, which is why employers should be prepared to provide resources to help employees grapple with the financial stress.

Retirement savings is often a casualty for those who have inadequate emergency savings but providing employees with savings tools and resources will shine a spotlight on the need to save for both short-term and long-term goals.