Defined Contribution (DC) Plans

401(k) Hardship Withdrawals: No More Six-Month Contribution Suspensions

401(k) Hardship Withdrawals: No More Six-Month Contribution Suspensions

Lois Gleason, CEBS
 

In September 2019, the Internal Revenue Service (IRS) and Department of Treasury issued final regulations easing restrictions on hardship distributions from defined contribution retirement plans. While there were a number of important changes in the regulations, this blog focuses on changes regarding […]

Three Steps to Reduce Plan Costs and Improve Retirement Security

Three Steps to Reduce Plan Costs and Improve Retirement Security

Robbie Hartman, CEBS
 

Plan sponsors have long provided education on the magic of compound interest as a powerful force for retirement readiness. But most plan members—and even many plan sponsors—forget about the flip side of that coin: the long-term impact of compounding costs from investment […]

The Multiemployer Retirement Plan Landscape: 10 DC Plan Takeaways

The Multiemployer Retirement Plan Landscape: 10 DC Plan Takeaways

Justin Held, CEBS
 

According to The Multiemployer Retirement Plan Landscape: A 15-Year Look (2002-2016), the average defined contribution (DC) plan account balance increased significantly from 2002 to 2016, growing to $38,900, while aggregate disbursements also grew. The increase in disbursements—coupled with a lack of growth […]

What Plan Sponsors Need to Know About SRI Investing

What Plan Sponsors Need to Know About SRI Investing

Kathy Bergstrom, CEBS
 

Could offering sustainable, responsible and impact (SRI) investment options in your retirement plan be an employee recruitment and retention tool? Quite possibly, according to recent research. A 2017 survey by Nuveen showed that 57% of respondents (94% of Millennials) would choose an […]

Employees Aren’t Saving. What’s a Plan Sponsor to Do?

Staff
 

Americans aren’t saving enough for retirement. This is not a news flash. In fact, almost every day I see a new headline pointing out the problem. While their angles vary (I remain unsold on the fact that avocado toast is the culprit), […]

4 Tips to Improve Your Employees' Retirement Security

4 Tips to Increase Your Employees’ Retirement Security

Wondering why your communication isn’t more effective in helping workers make better financial decisions? Or what you can do differently to encourage employees to improve their retirement security? This National Employee Benefits Day—celebrated on April 2, 2018—we are encouraging plan sponsors to […]

Part Time With Benefits—Who Offers What?

Part-Time With Benefits—Who Offers What?

Justin Held, CEBS
 

One of the most valued services of Foundation membership is access to our Ask a Benefits Expert service. Members are able to submit questions to our dedicated information specialists, who comb through vast resources to find the most useful information. While reviewing […]