Financial Education Archives - Page 7 of 11

Help Employees Avoid These Retirement Risks

Robbie Hartman, CEBS

30 Nov 2017

The retirement population is set to boom. Baby Boom, to be exact, as people born between 1947 and 1966 are at or nearing retirement age. This explosion of employees and plan members nearing retirement brings an opportunity for financial education, writes Alexandra […]

Canada Employee Benefits Financial Education Financial Wellness

Financial Literacy Month Programs Strengthen Financial Well-being

Julie Stich, CEBS

21 Nov 2017

November is Financial Literacy Month in Canada. As part of Canada’s National Strategy for Financial Literacy, the federal government is leading the charge to strengthen the financial well-being of all Canadians by helping them manage money and debt wisely, plan and save […]

401(k) Plans Employee Benefits Financial Education Retirement

How to Increase 401(k) Participation With Automatic Enrollment

Anne Newhouse, CEBS

20 Nov 201720 Nov 2017

One of the great tools available to employers is automatic enrollment to increase participation in the 401(k) plan. The Pension Protection Act (PPA) was signed in 2006, encouraging employers to improve their plans and make it easier for employees to save through […]

Employee Benefits Financial Education Financial Wellness Retirement

Using Behavioral Economics to Participants’ Advantage

Jenny Gartman, CEBS

05 Oct 2017

What stops us from making good financial decisions? In a recent International Foundation member webcast, Using Behavioral Tools to Drive Better Decision Making, James V. Bracchitta, CEBS, a labor trustee on the Screen Actors Guild Producers Pension & Health Plan, shared ideas […]

Employee Benefits Financial Education Financial Wellness Investments

Take Advantage of Behavioural Biases in Investing

Robbie Hartman, CEBS

31 Aug 201731 Aug 2017

Purchasing disposable toys instead of saving for college. Spending months on the intricacies of fantasy football but not focusing on retirement until 55. The rise of the Kardashians. As humans, we know we’re not perfectly rational. Rather, we know other people aren’t perfectly rational, even […]

Employee Benefits Financial Education Financial Wellness Investments Retirement

Surprise! Fiduciary Rule to Be Implemented as Planned

Guest Contributor

02 Jun 201718 Jul 2017

It’s aliiiiiiive! Despite most people’s prediction that the Department of Labor’s (DOL) new fiduciary rule would be further delayed or completely scrapped under President Trump (see the Presidential Memorandum published on February 3, 2017 ), newly confirmed Labor Secretary Alexander Acosta issued […]

401(k) Plans Employee Benefits Financial Education Financial Wellness Retirement

Top 5 Reasons for 401(k) Loans

Jenny Gartman, CEBS

30 May 2017

Many 401(k) plans allow participants to take out loans from their individual 401(k) account—While loan options provide flexibility for those tentative to contribute to 401(k) accounts, the option to borrow can also have a negative impact on retirement security. In my research […]

Employee Benefits Financial Education Financial Wellness

How to Target Young Workers in Your Financial Education Initiative

Staff

24 May 2017

If your workplace financial education focuses on saving for retirement, your message may not be resonating with a large part of your workforce: young workers. By reaching young, lower income workers, employers have the opportunity to support these employees and establish habits […]

Communication Employee Benefits Financial Education Financial Wellness

Stop Talking ‘Bout My Generation

Staff

21 Apr 2017

Technically I’m a millennial. (Born in 1982, I just make the cutoff.) However, as a 35-year-old, married mother of two living in the suburbs, I don’t identify much with that label. Sitting within arm’s reach of me as I write this are […]

Employee Benefits Financial Education Financial Wellness Retirement

Workplace Financial Education: Long Term Investment

Justin Held, CEBS

28 Mar 2017

In 2016, the Foundation surveyed its U.S. and Canadian members about financial wellness and education. Respondents were asked to describe how financial distress impacts their workforce and if they offer financial education programs. If they responded yes, they were asked to share […]