401(k) plan Archives - Word on Benefits

17 Tips for 401(k) Loan Program Design

Jenny Gartman, CEBS

12 Dec 202412 Dec 2024

Many 401(k) plans allow participants to take out loans from their individual 401(k) account. According to Employee Benefits Survey: 2024 Results, 81% of corporate employer plans offered a 401(k) loan provision. While loan options provide flexibility for those hesitant to contribute to […]

401(k) Plans Employee Benefits Financial Education (U.S.) Retirement U.S.

Employee Retirement Security Awareness

Amanda Wilke, CEBS

28 Aug 202428 Aug 2024

Retirement is a milestone for employees that requires careful planning. Unfortunately, many employees have fallen behind in their retirement savings goals, leading to feelings of insecurity about retirement and an increase in stress and anxiety impacting their engagement, morale and productivity. Even […]

401(k) Plans Employee Benefits Financial Education Financial Education (U.S.) Regulatory Retirement SECURE 2.0 U.S.

Matching Contributions for Qualified Student Loan Payments Under SECURE Act 2.0

Jenny Gartman, CEBS

31 Aug 202331 Aug 2023

With the federal student loan debt relief plan ruled unconstitutional by the Supreme Court, more employers are expected to consider offering student loan repayment benefits (covered in Part 1) or retirement plan matching under the SECURE Act 2.0 of 2022. The optional […]

401(k) Plans Defined Contribution (DC) Plans Employee Benefits Employee Benefits Survey Financial Education Retirement U.S.

The State of Defined Contribution Retirement Plans in 2021

Justin Held, CEBS

24 Feb 202124 Feb 2021

The number of organizations offering defined contribution (DC) retirement plans has increased over the past two years, making them the primary retirement vehicle for an increasing share of the U.S. workforce. The International Foundation’s 2020 Employee Benefits Survey showed that 87% of […]