Human Resources News & Insights

6 ways to get employees to bump up their HSA contributions

Health savings accounts (HSAs) are one of the most valuable and versatile tools employees can use to control their health costs. They’re also one of the most underutilized.  

Pay student loans or join 401(k)? That’s the question for youngsters

Recently, The Wall Street Journal asked a financial adviser a question many young workers are struggling with: Should they focus on paying off their student loans or join their employer’s 401(k) and collect the company match?

5 ways to get your employees ready to retire: How much they need

When all else fails to get employees to ratchet up their retirement contributions, hit them with this number.

IRS sets 2012 benefits limits

The Internal Revenue Service’s cost-of-living adjustments affecting dollar limitations for defined contribution and pension plans have been released. The IRS also made a few other changes employees will need to know about.

What 401(k) sponsors should be most concerned about now

With all the attention on providing 401(k) participants with retirement advice, there’s one critical area plan sponsors may be overlooking, warns Jane White, acclaimed financial expert and author.

Criminal convictions can be slapped on plan fiduciaries

There are no exceptions: Fiduciaries must forward employees’ 401(k) contributions to the plan in a timely manner. Failure to do so results in steep penalties.

Retirement account balances hit new high

The stock market crash of 2008 wasn’t enough to make people give up on traditional retirement savings plans.

A common retirement plan strategy that’s backfiring

Matching a greater percentage of employees’ retirement contributions is a great way to get them to save more – and boost participation rates, right? Guess again.

The benefit DC plan participants are clamoring for now

Now that automatic enrollment has become commonplace in defined contribution (DC) plans, it’s time for employers to take the next logical step.

Bill expected to make Roth option more appealing

A provision tucked into a small business jobs bill that Congress just passed would broaden the appeal of 401(k) plans.