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5 Best Retirement Planning Tools and Software 2022

HR Lineup

Retirement planning can be challenging considering that you need to predict what’s to come in the future and assume various factors. Unfortunately, this has led to many individuals failing to take the necessary steps in building and protecting their retirement nest egg. Vanguard Retirement Nest Egg Calculator.

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Employee Focused Retirement Plans

HR Professionals Magazine

As an HR professional, you might read that title and think, “Duh – aren’t all retirement plans focused on employees?” As pensions have gone by the wayside and 401(k) plans have gained more notoriety, employees have become increasingly more aware of their employer sponsored retirement plans, and the financial benefits they provide.

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Why SECURE 2.0 Act Auto-Enrollment and Escalation Will Boost Employee Financial Well-Being

Griffin Benefits

contains dozens of changes to retirement plans, but perhaps none bigger than these two: New 401(k) and 403(b) plans will be required to automatically enroll participants in the respective plans, and employee salary deferral rates will automatically escalate each year. The SECURE Act 2.0 SECURE ACT 2.0

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5 Best Compensation Tools 2022 in HRM

HR Lineup

Random Walk Ventures LLC is responsible for the original creation of the planner in 2006. This resource focuses on making retirement planning as easy as possible. Depending on the requirements of an organization or individual, it can build and run a professional retirement planning simulation in a short period.

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DOL Proposes Self-Correction Option and Other Changes to Voluntary Fiduciary Correction Program

Proskauer's Employee Benefits & Executive Compensa

Department of Labor (the “DOL”) proposed changes to its Voluntary Fiduciary Correction Program (the “VFCP”) in November for the first time since 2006. The most significant change is the addition of a self-correction option for delinquent deposits of participant contributions and loan repayments.

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DOL – New Electronic Disclosure Guidance for Pension Plans under ERISA

AssuredPartners

The DOL (US Department of Labor) is proposing in this document a new, additional safe harbor for the use of electronic media by Retirement plans to furnish information to participants and beneficiaries of plans subject to the Employee Retirement Income Security Act of 1974 (ERISA).

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What is the SECURE Act?

Abel HR

The act is now the most extensive reform to impact the economy since the Pension Protection Act of 2006. It aims to improve the private employer-based retirement system’s success by making it easier for companies to provide retirement plans. Small business owners can help their employees get ready for retirement.

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