Some sponsors may anticipate their relationship with participants will naturally wind down at retirement, even though only about one in five sponsors prefer participants to leave their plans when they exit the workforce. Sponsors should carefully weigh the pros and cons of encouraging retirees to remain on board.

Plan Sponsor Q&A - Q2 2022

According to a recent survey, Americans currently define financial wellness as simply feeling comfortable with their financial situation. Over 50% believe wellness is defined as having the means to take care of family, not worrying about money or debt, and feeling protected financially from life’s unexpected events.

Summer can serve as a preview of your retirement — long days in the sun and spending time with your loved ones. So, what better time to do a routine check? Protect your loved ones and ensure you are keeping up to date with your retirement plan with our summer homework assignments!

Just how important is a 401(k) match to your employees? It appears to be top of mind, according to Principal’s 2021 Retirement Security Survey, which shows top retirement plan considerations of survey participants. Check out this blog for more details about this survey’s key results.

There are many responsibilities plan sponsors possess, and some business owners even forgo offering a 401(k) to their employees, because they fear they don’t have the time or expertise to manage a plan. However, a good retirement plan is key to attracting top talent. Here are five reasons to consider bringing in an expert to manage your organization's retirement plan.

401(k) plans are intended to provide comparable advantages for all employees, and there are numerous safeguards in place to make sure their benefits are allocated equitably. To evaluate whether the plan is administered in an even-handed manner, the IRS conducts annual nondiscrimination tests. Read on to learn more about how safe harbor options can help you avoid the need for these tests.

Finding the perfect provider match for your retirement plan should be as easy as peanut butter and jelly.