Help Workers Plan For Their ‘Golden Years’

For your workers to enjoy the full financial benefits from their 401(k) plans, experts recommend that employee education sessions make sure that participants: Contribute enough to receive the maximum match. One expert estimates that at least one in three employees don’t make the maximum contribution, which means they’re leaving free money on the table. Avoid… Read more »

More 401 (K) Participants Seeking Professional Help

Although most workers accept responsibility for financing their retirement and rely primarily on their 401(k) plans to get them there, many workers aren’t sure that they can manage the 401k plans effectively, according to a Schwab Retirement Plan Services nationwide survey with more than 1,000 participants. Nearly nine in ten participants (89%) believe they’ll be… Read more »

Questions About Your Company’s 401(K) Plan Fees?

Don’t feel like the Lone Ranger. Many business owners don’t understand the fees employees are paying for their 401(k) plans. A recent nationwide survey of 500 small businesses (with 100 or fewer employees) by ShareBuilder 401k found that employers’ inability to figure out these fees leaves them unprepared for the questions their plan participants are… Read more »