It can be difficult for a 25-year-old to envision life after age 65, let alone to start saving for it—and many of your employees aren’t even sure how or where to start saving. That’s why it’s important for employers to take an active role in educating employees about the benefits of retirement savings plans.
Every year around this time, I’m reminded to take a closer look at my retirement account balance and to either smile and breathe a sigh of relief or cringe and increase my monthly contribution.
On August 26, @shrmnextchat chatted with Steve Miller (@shrmsmiller) about 401(k) Gold.
In case you missed this informative chat, you can read all the tweets below:
Post-Employment 401(k) Rollovers: Questions HR Should Ask
It can be difficult for a 25-year-old to envision life after age 65, let alone to start saving for it—and many young people aren’t even sure how or where to start. That’s why it’s important for employers to take an active role in educating employees at every stage of life about the benefits of retirement savings plans.
SHRM: Apply 'Seller's Carve-Out' to Small Retirement Plans
Guidance Eases Use of Annuities in 401(k) Plans
Fiduciary Standard for Advisers Sparks Contentious Debate
Many Don't Know They're Paying 401(k) Fees
One in Four Workers Miss Out on Full 401(k) Match
Supreme Court: Fiduciaries Have Ongoing Duty to Monitor Investments
Updated daily, the HR News home page is your one-stop shop for the latest news and featured articles. This page compiles top staff-written and external news of general interest to HR, plus major stories in the HR Disciplines.
Minimize Potential Liability with Social Media
By Allen Smith 3/23/2015
Updated daily, the HR News home page is your one-stop shop for the latest news and featured articles. This page compiles top staff-written and external news of general interest to HR, plus major stories in the HR Disciplines.
Despite House Vote, Employers Should Prepare for Quicker Union Elections
By Allen Smith 3/19/2015
Updated daily, the HR News home page is your one-stop shop for the latest news and featured articles. This page compiles top staff-written and external news of general interest to HR, plus major stories in the HR Disciplines.
Majority of Justices Seem To Have Minds Made Up in Health Care Case
By Allen Smith 3/4/2015
During open enrollment, encourage use of benefits information resources
This open enrollment season, employees have a message for employers about their benefits: Tell us more, please.
If you’re anything like me, you don’t spend too much time thinking about how much money is in your retirement account. Yes, I know, I’m a tax and benefits lobbyist, so you’d think that I’d know what my balance is down to the penny! But the truth is, like many employees, although I know that I’m contributing to my retirement account, I don’t fret about the details on a daily basis. That’s about to change, as pending tax reform could significantly impact not only the types of investment options available but whether employees will have access to a retirement account at all.
