Sep 17, 2024 View in Browser

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A Message From the Editor

The boomer “Retirement Wave” is about to hit: For the next four years, four million Americans will be turning 65, but many will have to keep working even though they may want to retire, says a new Equitable survey. How can employers better help employees prepare for retirement? Many experts suggest adding more annuities to company 401(k) plans to give retirees guaranteed income – or even give employees time off to meet with a financial advisor to develop their very own specialized plan.

– Lynn Cavanaugh, Senior Editor, Retirement, BenefitsPRO

 

News

Voya Financial buys OneAmerica Financial's $60B retirement plan business

By Lynn Cavanaugh

With the acquisition, Voya will grow its Workplace Retirement Plans, since OneAmerica serves employers and plans of... Read More

 

News

SEC fines 9 more investment advisors $1.2M, in ongoing marketing rule crackdown

By Lynn Cavanaugh

Callahan Financial, Richard Bernstein and other registered investment advisors made untrue or unsubstantiated claims... Read More

 

Analysis

New changes to SECURE 2.0: strategic 401(k) strategies for 2024 and beyond

By Steven Abernathy and Matt Daley

Employers should consider the following 2024 updates to SECURE 2.0; the benefits will serve as a clear differentiator... Read More

 

Best Practices

Boomer 'retirement wave' is about to hit: How employers can ensure their financial security

By Lynn Cavanaugh

Four million Americans will be turning 65 every year for the next four years, which is why employers need to communicate... Read More

 

Best Practices

New playbook helps employers roll out a successful financial wellness program

By Lynn Cavanaugh

It's essential to connect the program to wider business initiatives (end of the year or open enrollment) and Include... Read More

 

News

Saver's Match: IRS seeks comments on this new SECURE 2.0 program for 401(k)s

By Lynn Cavanaugh

The Internal Revenue Service and the Department of the Treasury are requesting comments on this new SECURE 2.0 provision,... Read More

 

Best Practices

How plan sponsors, employers can boost 401(k) participation rates in 2nd half of 2024

By Lynn Cavanaugh

While the second half of the year typically means Open Enrollment for most companies, it's the perfect time to highlight... Read More

 

Research

Americans are clueless about Social Security benefits in retirement: Allianz

By Lynn Cavanaugh

More than half of Americans do not know how Social Security fits into their retirement plan, which is why employers... Read More

Save the Date

Save the Date for BenefitsPRO Broker Expo 2025!

BenefitsPRO Broker Expo will be heading to the Encore Boston Harbor May 6-8, 2025. Keep an eye out for registration opening soon! Learn More

Resources

What Employers Want: A Broker's Guide to Retention and Growth in an Era of Rising Healthcare Costs

Sponsored by: SwellSpace

Amidst rising healthcare costs and evolving employee expectations,discover how to distinguish yourself in a crowded market, retain clients, and grow your business by meeting the challenges employers face today. Get actionable strategies in this white paper. Learn More

WEBCAST DATE: September 18, 2024

Between You and ICHRA: An Inside Look into Building a Successful HRA Strategy

Take a comprehensive walk-through of the end-to-end ICHRA process in this webcast, from quoting, to onboarding, to plan selection, administration, compliance, and beyond, addressed from the broker's point of view. Learn More

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