Partnering with a retirement plan specialist can help you design a 401(k) plan that supports recruitment and retention efforts without causing more administrative work that takes away from focusing on growth.
If companies don't listen to the explicit needs of working parents, they will struggle to attract and retain top talent, including their future leaders.
When asked what solutions would increase their confidence in their retirement plans, workers' top response was an in-plan protected retirement solution, says Cathy Marasco at Nationwide, which published a new Protected Retirement survey.
The DOL's new Retirement Security Rule, which had been set to become effective Sept. 23, will remain on hold as appeals will be heard by the 5th Circuit, which blocked the previous Obama-era fiduciary rule.