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Rolling the Dice on Crypto in Retirement Plan

HR Professionals Magazine

As educators, we prefer the latter. Instead of trying to throw a retirement savings lifeline saying, “I can save you! The guidance asks fiduciaries of retirement plans to remember their main responsibility: act solely in the financial interests of plan participants and adhere to an exacting standard of professional care.

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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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Ensuring Your Employees are Retirement Ready 

HR Professionals Magazine

According to BlackRock’s 2022 Read on Retirement , 87% of employees, across all generations, reported they are concerned about inflation’s impact on their retirement. If so many employees are concerned about their retirement, what can employers do to help? FINANCIAL EDUCATION.

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The Secure Act 2.O and the War on Retirement 

HR Professionals Magazine

Only 56% of workers are enrolled in a 401(k) plan while 72% had access. Source: Transamerica Center for Retirement Studies). One is that not every worker even has access to a retirement plan and secondly is that not everyone who has one is taking advantage of it. Do you want to increase retirement readiness?

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