Participant Corner: IRS Guidelines

Participant Corner: IRS Guidelines

Many defined contribution plans include something called employer matching, meaning that your employer contributes a certain amount to your retirement savings plan based on your personal contribution. In 2024, individuals can contribute up to $23,000 into their 401(k)...
Overcoming Challenges in HR and Benefits Departments

Overcoming Challenges in HR and Benefits Departments

Employees in the HR and benefits departments handle many responsibilities, such as managing a company’s health care benefits or supervising the retirement plan. As a result, it’s common for these employees to experience times of overwhelm, stress, and burnout....
The High Cost of Financial Stress in the Workplace   

The High Cost of Financial Stress in the Workplace  

According to the results of a 2024 American Psychiatric Association mental health poll, 43% of adults reported higher subjective feelings of anxiety than they did the previous year. Respondents indicated feeling anxiety related to a number of issues, but high on the...
The Arrival of TDFs with Annuities

The Arrival of TDFs with Annuities

With participants thinking erroneously that there is a guaranteed paycheck built into their retirement plan, the production of an “Income Target Date Fund” has grown exponentially. Since 2020, some target-date series now include a form of guaranteed income, providing...