Retirement Planning
2 big pieces of news in the world of retirement planning
Two very interesting things happened in the world of retirement planning this week that employers will want to take note of.
Baby Boomers: Your talent shortage secret weapon
Between a talent shortage and economic downturn, finding top talent can be one of HR’s biggest headaches right now. With a low unemployment rate – hovering around 3.5% – HR is at a loss with where to find talent. “What that low unemployment number means for [HR pros] is something very different than what it…
COVID-19 layoffs, furloughs? Check new 401(k) partial termination rules
COVID-19 layoffs what to consider to avoid some unexpected 401(k) costs
DOL’s new 401(k) rule: Firms must give workers ‘lifetime income’ estimates
Rule is meant to offer retirement readiness to plan participants
Expert: The staggering new retirement savings number millennials have to hit
Want to jolt your younger workers into contributing more to your company-sponsored retirement plans? Just show them this figure.
Firms plan to increase benefits offerings this year
Business is looking up and firms are looking to increase benefits offerings. In fact, over 90% of businesses plan to increase at least one benefit next year. Small- to medium-sized firms are increasing their focus on “key employee well-being initiatives.” They’re finding these benefits help them cope with pandemic fluctuations and make them more competitive….
Help workers transition from employer coverage to Medicare
The transition from employer coverage to Medicare usually happens while the employee is still on the payroll, so the job often falls to HR to help employees navigate this critical change.
Is ‘unretirement’ the answer to your hiring woes? 5 strategies to make it work
Fear not, human resource professionals. The answer to some of your hiring woes may be a reversal trend — that is “unretirement.” More and more retirees are reconsidering their decision to leave the workforce — a decision that was accelerated by pandemic lockdowns and return to work orders. Nearly half of the 4.2 million people…
SECURE Act 2.0: What HR needs to know
On January 1st, provisions to the SECURE Act 2.0, part of the 2023 omnibus spending bill, went into effect – and it may affect your benefits package. The SECURE Act 2.0 – which is built off the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 – is designed to enhance retirement-readiness with…
What’s the real ROI on your benefits programs? How to find out
Given the ever-increasing costs of employee benefits programs — and the need to maintain them in order to attract the best talent — it only makes sense to know exactly what you’re getting for your benefits buck. Guest poster Brenden Mielke explains how analytics can help.
BLUEPRINTS
Get up to date with our Blueprints.