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.
‘Save to Retire’ Gets Thursday Spotlight During America Saves Week
It’s “America Saves Week,” and as part of the national awareness campaign, Thursday, Feb. 27, is devoted specifically…
401k Participation, Contributions, Diversification All Show Big Gains Over Last 5 Years
More workers than ever are saving more toward their retirement and Millennials are quickly catching up to older…
1 in 4 Millennial Savers Top $100,000 Mark
There’s been a strong year-over-year increase in the number of Millennials socking earnings away in their 401ks, according…
401k Participants vs. Non-Participants: Who’s More Confident About Retirement?
Reason No. 273 for a 401k plan: Individuals who participate in 401k plans are more confident about their…
State Worker to Finally Retire at Age 102
For anyone thinking they’ll never retire, take heart—it might happen a little after age 100. Bob Vollmer, punching…
How 401(k) Auto Enrollment Can Lead to Lower Deferral Rates
Auto-enrollment almost doubles 401(k) plan participation, but can also result in participants saving less than those who voluntarily…
Business Owners Need Help in Communicating 401(k) Advantages
Nationwide reveals business owners value 401(k)s but struggle to boost employee participation despite available resources.
‘Transcreation’ Helps Expand Hispanic Worker Retirement Savings Program
We’ve got your word of the day: “Transcreation.” That’s a technique helping Principal Financial Group expand its culturally…
How to Build (and Judge) a Successful 401k Plan: Case Study
A leading heavy manufacturing firm in the Midwest recognized early on that the success of their 401k profit-sharing…
Low Financial Literacy Hurting Retirement Account Management
Many individuals enrolled in DC plans lack basic financial knowledge. No surprise there. But as the shift from…