Human Resources News & Insights

Retirement picture gets even bleaker for older workers

You know that more and more older employees are putting off retirement. Well, the situation’s getting worse.

Retirement in jeopardy: More staffers withdrawing from savings

An alarming trend could be affecting your staffers’ ability to save for retirement — and your return on investment for 401(k) and other retirement programs.

IRS sets 2013 plan contribution limits

The IRS has released its new plan contribution limits for next year. Here’s what you’ll need to know for 2013.

Boomers’ retirement woes spur savings by younger employees

Seems as though more young workers are serious about saving for retirement — because they’ve seen the struggles their Baby Boomer parents have gone through.

Needed to retire: 11x your salary

To maintain your standard of living, you need to save 11 times your annual salary if you plan to retire at age 65. How many people are on pace to hit that mark?

IRS cracking down on retirement account mistakes

It’s been reported that in 2006 and 2007, the IRS left nearly $300 million in uncollected tax dollars on the table because it failed to follow up on individuals’ retirement account withdrawal and contribution mistakes. But in the future, account holders may not be so lucky.

4 countries that may do a better job running your 401(k)

The Government Accountability Office is recommending the Department of Labor look to four countries for ideas on how to improve retirement accounts in the U.S.

Are most retirement outlook studies wrong?

By now you’ve probably seen the reports showing Americans’ 401(k) account balances won’t support a decent lifestyle in retirement. Well, Fidelity is saying those studies are using bad math.

Women less prepared than men for retirement

The next time you plan on communicating with your staff about the benefits of your retirement plan, it may make sense to put a heavier emphasis on trying to get female workers to ramp up their savings.

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.