Some of your employees may have recently received a letter in the mail notifying them that they are considered an HCE – highly compensated employee. The … Read more
How to Boost 401(k) Participation With a Little Help From the Government
It’s not often the federal government does something that makes your job just a little easier. But here’s a rare example. President Barack Obama in … Read more
Retirement Readiness: What Workers Should Know About Investing
There is information that is nice to know and information that you need to know but what you really need to know is — the difference. For example, my … Read more
Trends in Employee Benefits: In-Plan Roth Rollovers for Your 401(k)
As if the Roth vs. pre-tax 401(k) contribution decision isn’t enough already to cause confusion for employees, now the IRS has allowed employers to offer … Read more
Financial Education at Work: Helping Employees With Their 2% Decision
Now that our politicians have finally come to a decision about the new 2011 tax law, your employees have a decision of their own to make – what will they … Read more
Thoughts From a Survey: Meetings Aren’t a Panacea for Retirement Readiness
Deloitte has come out with a pretty fascinating study on retirement readiness, although this may simply say something about what I find fascinating. At any … Read more
The Hidden Evils When Employees Opt for a Hardship Withdrawal
I recently received a call from an employee who was considering a hardship withdrawal. If you handle these requests as part of your many HR tasks, you … Read more
Behavioral Judo: Why Employees Should’t Stop at Minimum Auto-Enrollment
I never practiced Judo, but I’ve been on the receiving end where I said, “What just happened here? Why am I flat on my back on the mat?” That is what … Read more
Survey: 90% Feel Their Benefits are Important, But 36% Fear Losing Their Job
If there’s one good thing that’s come from all the turmoil and stress caused during the last few years of economic downturn, it’s this – people are much … Read more
What You Can Do to Get Employees to Buy Into the Company 401 (k)
You’re doing more with less, like everyone else — reduced budgets that translate into decreased benefits, more work as layoffs happen, etc. The last … Read more