Browsing Tag
Principal Financial Group
134 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.
ExxonMobil Restarting 401(k) Match; American Express Doubling Auto-Enroll Percentage
Some good news about a couple of large corporate 401(k) plans in recent days, as ExxonMobil plans to…
Duke Reinstates 403(b) Match—And Takes It One Step Further
Duke University 403(b) contributions restored with retroactive payments and ongoing employer support for faculty and staff retirement plans.
HUB International Buys 401k Firm Epstein Financial
HUB International continued its acquisition spree with the announcement Wednesday that it has bought the assets of Epstein…
June Top Advisor by Participant Outcomes (TAPO)—David Kulchar
A Defined Contribution Concierge Is it possible to be too good at what you do? David Kulchar comes…
Plan Sponsors Get Company Match Back on Track
Amendment activity shows employers are bringing back the match
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: 401(k) Plan CARES Act Activity
CARES Act distributions 2020 show participant trends, with most staying invested and only 6% taking coronavirus-related withdrawals.