As financial wellness becomes more of a common component to workplace wellness programs, many smaller employers are considering the cost sharing aspect of … Read more
Do Employees Have A False Sense of Security About Their Finances?
As we move farther away from the height of the Great Recession, many employees appear to have put it behind them, since we are seeing stress levels due to … Read more
Target Date Funds: What Employees Don’t Know Might Hurt Them
Some of the most common questions that I’ve been receiving from employees during recent retirement planning workshops relate to confusion around the proper … Read more
Why You Need to Talk to Employees About Their Retirement Security
I recently spoke to an employee who had decided, at age 54, that it was time to start focusing on retirement. Her goal was to retire at age 65, and she was … Read more
With IRA Deadline Looming, Do Employees Know How They Can Save?
The IRS has given us two extra days to file this year due to April 15 falling on a Sunday and the recognition of Emancipation Day on April 16. This also … Read more
What You Need to Start Disclosing to Employees About 401(k) Fees
Hello new 401(k) notices! As if the new disclosures required under health care reform weren’t enough to juggle this summer, you need to wrap your head … Read more
Survey: Workers Are Willing to Trade Pay For a More Secure Retirement
With so many Baby Boomers facing retirement — and with so many feeling they need to keep working because they can’t afford to do it — … Read more
Hitting the Lottery: It’s Not the Answer to Your Employees’ Retirement
We can’t all win the lottery next week, but amazingly, 21 percent of Americans — 38 percent of those with incomes below $25,000 — think that winning the … Read more
More Proof Why Workers Don’t Necessarily Need to Retire at Age 65
I read a wonderful story last week about the longest serving nurse in Michigan, Dorthe Canty, who is retiring at the ripe old age of 89! Having worked in a … Read more
The Roth 401(k)? Helping Employees Look Into That Crystal Ball
Will you be in a higher or lower tax bracket when you retire? This is the typical question asked of employees when they are faced with the decision to … Read more
The Impact Financial Stress Has on Employees and Workplace Productivity
Stress is a part of life and isn’t necessarily a good or bad thing. Personally, I prefer less stress. But, in small doses stress can help us perform better … Read more
The Ugly Little Secret About 401(k) Fee Disclosures
If you’re an HR leader who believes that continuing to earn and strengthen the trust employees have in the organization’s leaders is essential to the … Read more
Some Rules of Thumb For Employees During Open Enrollment
When ordering take-out last night for my family, I used a rule of thumb that when you order Chinese food, you should ask for one entree less than the … Read more
Retirement Plans May Get a Jolt With Cost of Living Increase
With our current inflation rate running over 3 percent, the IRS recently released increased 2012 contribution levels for employer sponsored retirement … Read more
Know Your Audience: Critical Stats About Health, Finances, Benefits, More
As you put together your open enrollment content, you need to think about your audience — your employees. How much exercise are they doing? Where do they … Read more
What Your Employees Should Know About Company Stock Awards
I recently spoke to a freshly minted MBA graduate who was so thrilled to have had landed her first job in this tough job market, but her icing on the cake … Read more
What You Can Do When Employees Get Nuisance Calls at Work
For the umpteenth time this year, I got a call last night from someone who is trying to track down my ex father-in-law. The call came in on my business fax … Read more
When Employees Have Too Much of Their 401(k) in Company Stock
With the recent roller coaster ride of the stock market, many employees have taken a closer look at their asset allocation within their retirement plans, … Read more
Want Details on Health and Retirement Plans? Then This Report Is For You
Despite all the effort to encourage Americans to choose HMOs for their health care, the Bureau of Labor Statistics says three out of four workers choose … Read more
Benefit Trends: What Your Employees Can Expect – and Be Planning For
Our insurance agent delivered the bad news last week – the company’s health insurance premiums are going up 19 percent next year. To curb this huge cost … Read more