Browsing Tag
401(k) Enrollment/Education
296 posts
401(k) Enrollment/Education are distinct but related processes. Enrollment is the formal process of joining a 401(k) plan offered by an employer, while education refers to the information and guidance provided to employees to understand the plan and make informed decisions about their participation.
5 Best Practices to Increase 401(k) Participation
What motivates people to become aggressive savers? Or, perhaps the better question is what drives people to act…
Newsflash! Boomers Haven’t Saved Enough in 401(k)s
On Monday, the Insured Retirement Institute (IRI) released new research revealing that less than a quarter of baby…
10 Reasons Why 401(k) Financial Literacy Falls Short
It should hardly come as a surprise to experienced 401(k) advisors that a problem with financial literacy (or…
401(k) Fail: Parents Forgo Retirement Saving to Spoil Kids
Here’s a head scratcher …parents worry about spoiling their kids, and do it anyway, often with funds that…
Bad Behavior: Why 401(k) Participants Don’t Plan for the Long-Term
“A prudent plan sponsor cares not only about the results but the process. They need to pay closer…
401(k) Confidence Up, Preparation Down
Does simply saying it make it so? In a classic bit of American overconfidence, workers are for the…
Why 401(k) Plan Participant Inaction is a Beautiful Thing
401(k) participants are behaving much better, according to T. Rowe Price. Less than 2 percent of the company’s…
401(k) Advisors Do Well By Doing Good
We don’t normally cover regional events, but this one was too good to pass up. For years Jason Chepenik,…
How 401(k) Sponsors Hurt Plan Performance
How quickly we forget. Almost 60 percent of 401(k) plan sponsors surveyed say they consider a track record…
Shock! (Not): 80 Percent of Workers Underestimate Retirement Needs
In news to anyone in financial services less than five minutes, it appears a majority of workers in…