A recent study commissioned by the ALI Retirement Income Institute has revealed a stark reality: A substantial portion of America’s Baby Boomer population is ill-prepared for retirement. As the retirement countdown begins for Peak Boomers, plan sponsors have an opportunity to implement impactful strategies that can help increase the financial security of employees entering their golden years.

Many women have voiced their support for the reinstatement of pension programs and government assistance in lowering the cost of long-term care in retirement, given that they face a greater financial challenge. 80% of women have agreed the U.S. is facing a retirement crisis, and an even larger percentage agreed that employers should contribute more to workers’ retirement plans. Read on for ideal retirement solutions for women. 

As you approach retirement, one of the biggest questions on your mind is likely "Will I have enough money saved?" Many people save for retirement without a clear target in mind, leaving them uncertain if they're on track. The key is to take the time to estimate your potential retirement expenses and income sources. With these projections, you can determine if your current savings rate will sufficiently fund your future needs.

The U.S. retirement savings system has seen dramatic changes over the last few years because of SECURE Acts 1 and 2. Now, the IRS and DOL are providing waves of implementation guidance to absorb. This course addresses new and proposed regulatory and legislative directives as they pertain to workplace retirement plans and IRAs and provides practical and tactical actions for plan sponsors and their advisors to consider.

Millennials are redefining the traditional approach to retirement, with over 50% seeing it as a stage of greater freedom rather than a complete absence from the workforce. However, Millennials face unique challenges when it comes to retirement planning. See what factors disrupt Millennials' saving habits and the percentages of those affected by "money dysmorphia" in our latest blog. 

Health savings accounts (HSAs) have surged in popularity over the years. You may have encountered them, possibly as part of the benefits offered by your workplace. Let's uncover the truth behind HSAs in our FAQ blog. 

With employee engagement plummeting nationwide, organizations must take proactive steps to re-energize and re-engage their workforce. We believe your retirement plan can be a powerful tool to help turn the tide — here are some key strategies to consider when leveraging your retirement plan to create a more motivated, productive, and loyal workforce.

As consumer debt reaches historic highs and more workers make hardship withdrawals from their 401(k) plans, it's clear a significant number of individuals are struggling to balance short-term needs with long-term retirement goals. To help your employees navigate these challenges, consider implementing the following strategies from our latest blog.