Total rewards programs are a vital part of workplace culture, employee performance and securing top talent. Learn how program enhancements can help meet the demands of a changing workplace and workforce.
Plan sponsors are often faced with a balancing act of what benefits to offer versus what...
Increasing prices may put pressure on employers and delay workers from retiring
Inflation is the increase in the general price of goods and services, which can decrease the purchasing power of American workers. So how does this recent upward trend affect your workplace benefits, employees and...
If the term ”audit” makes you uncomfortable, anxious or even scared, you are not alone. Last year, the Department of Labor (DOL) closed 1,122 civil investigations with 754 (67%), resulting in fees, repayments or corrective actions. The agency collected over $3.12 billion in direct payments to plans...
For the millions of business owners that offer a workplace retirement plan, the COVID-19 pandemic created many financial difficulties.
However, as the economic climate improves, there is an opportunity for employers to refresh their company’s retirement plan. With an important plan document...
More than a year into the COVID-19 pandemic, there are signs of recovery in the U.S. Millions of vaccines have been administered, businesses and offices are reopening and life is starting to look more like it did pre-pandemic.
All this is cause for optimism. Simultaneously, however, there’s...
Talking about money is tricky, especially at work. While it may seem too personal for work and easier to avoid the conversation, the effects can have a lasting effect on a company.
More and more forward-thinking employers are starting to overcome the stigma that surrounds talking finances at...
For the millions of business owners that offer a workplace retirement plan, the COVID-19 pandemic created many financial difficulties.
However, as the economic climate improves, there is an opportunity for employers to refresh their company’s retirement plan. With an important plan document...
Just ask anyone: Uncle Sam and the retirement industry love acronyms. Another was added in December 2020—PEP—which conveniently rhymes with MEP and SEP. The three plan types are 401(k) cousins1 meaning they share many fundamental similarities, and their main differences relate to the administrative...
