Last week I hit the road to conduct retirement planning sessions for a couple of mid-sized companies up in New England, and many of the attendees had some … Read more
Would Employees Pay for One-on-One Financial Guidance in the Workplace?
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