Browsing Tag
Principal Financial Group
129 posts
Explore the latest developments from Principal Financial Group on 401k Specialist, featuring updates on their innovative 401(k) plans, investment strategies, and digital enhancements aimed at optimizing retirement savings and improving financial literacy for both employers and participants.
Don’t Let Participant ‘Revenge Spending’ Wipe Out COVID-19 Savings Gains
Prior to COVID-19, markets were strong, unemployment was low, and consumer confidence levels were high. The retirement industry…
401k Sponsors Concerned About Participant Well-Being, Readiness
More than three-quarters of plan sponsors are confident that they’re providing sufficient retirement resources to support participants’ retirement…
Why It’s A New Day for Annuities in 401(k)s
The SECURE ACT was passed in December 2019, paving the way for substantial changes in the retirement industry.…
Most Taking CRDs in 2020 Did So Mainly Out of Desperation
The small percentage of retirement plan participants who requested a COVID-19 loan or distribution in 2020 enabled by…
By the Numbers: 401k Plan CARES Act Activity
As we approach the first anniversary of the CARES Act on March 27, more and more plan sponsor…
Social Security: Safety Net or Snare?
“Many people think they can control when they retire. The truth of the matter is, there are lots…
3 in 4 Worry Pandemic Will Impact Retirement
The COVID-19 pandemic has made Americans worry more about just about everything—so why should their prospects for a…
NQDC Plans Give 401k Sponsors a Competitive Edge
Nonqualified deferred compensation plans help employers meet several challenges their employees face.
401(k) Advisors Working Overtime to Guide Existing Clients Through Pandemic
Sometimes it’s hard to think about generating new business when you’re focused on servicing existing clients. As new…
Annuities Still Unpopular as Retirement Income Strategy
The average American turning age 65 today can expect to live 40% longer than someone who turned 65…