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The Graying of the American Workforce
The Silver Tsunami is headed ashore, as “Peak 65” is expected to usher in an average of 11,000 retirement age Americans daily through the end of 2024 — the highest ever recorded. And a lot of them plan to keep working. In this blog, we explore how organizations can harness the expertise of older workers. From mentorship opportunities to tailored benefits, learn how to adapt and thrive amidst this demographic shift.
Avoiding Social Media Pitfalls in Retirement Planning
Americans are increasingly receiving financial and retirement planning guidance from social media, risking exposure to misinformation, harmful advice and outright scams. Alarmingly, this includes almost eight in 10 millennials and Gen Zers. Here are seven ways to help ensure your content is safe and reliable.
DOL Releases New Fiduciary Advice Proposal
Discover the potential impact of the Department of Labor's proposed fiduciary advice changes in our latest blog. Stay informed on key regulatory developments and ensure your plan strategies align with the latest proposals.
Q4 2023 Retirement Legislative Update
Explore Retirement Updates from Q4 in 2023: Discover the latest retirement legislative changes in our Q4 updates including SECURE 2.0 corrections to a new government-run savings plan. Read our latest blog now to learn more.
Navigating the Pension Landscape: PBGC Maximum Benefit Limits and 2023 Forms 5500 Updates PBGC Announces 2024 Maximum Benefit Limits
Explore the latest in pension landscape updates: PBGC unveils 2024 benefit limits, and 2023 Forms 5500 modifications are here. Stay informed about these recent changes in our latest blog.
The Gen X Savings Crisis: How Plan Sponsors Can Help
According to a December 2023 survey from Schroder’s, nearly half of non-retired Gen Xers — those born between 1965 and 1980 — have not done any retirement planning whatsoever. How can employers help their MTV Generation workers save? Read our latest blog for insights on how to provide assistance tailored to these specific employees.
Steering Participants Through Market Mania
Conversations on market volatility often result in nervousness and anxiety surrounding return on investment. However, it’s important to acknowledge market volatility has two faces. Plan sponsors have the opportunity to help cultivate a holistic understanding of finance and the markets, providing a framework for participants to make informed choices and navigate the complexities of investing.
Balancing Competitive Benefits in Budget Constraints for Plan Sponsors
It is crucial for companies to regularly benchmark and compare their benefits packages to their peers within the industry to maintain their competitive advantage and status. However, offering a competitive benefits package can be challenging for plan sponsors due to budgetary constraints; learn how financial insurance provider Unum Group's, Carl Gagnon, handles this issue in our blog.