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State Auto-IRAs are Building Momentum
Headline: State Auto-IRAs are Building Momentum
Publication: Squared Away Blog
Article Date: July 20, 2021
State auto-IRA programs eliminate the administrative burden and expense to employers of a private plan and provide an easy way for workers to save. Read More…
Government Employees Benefit From Financial Literacy Programs
Headline: Government Employees Benefit From Financial Literacy Programs
Publication: National Public Pension Coalition
Article Date: July 14, 2021
SLGE found that when employees are empowered to make better financial decisions improving their health and well-being, the employer’s bottom line is improved along with them, not to mention morale and recruitment and retention efforts. Read More…
Thousands of CalPERS members could get $30,000 or more in long-term care lawsuit settlement
Headline: Thousands of CalPERS members could get $30,000 or more in long-term care lawsuit settlement
Publication: The Sacramento Bee
Article Date: July 13, 2021
CalPERS has agreed to pay up to $2.7 billion to settle a lawsuit over big price hikes the retirement system imposed on long-term care policyholders eight years ago, according to a Tuesday announcement. Read More…
Now Is The Time To Re-Think Retirement Plan Conventional Wisdom
Headline: Now Is The Time To Re-Think Retirement Plan Conventional Wisdom
Publication: Forbes
Article Date: June 30, 2021
Now may be the time for companies to take a look at their retirement plan design options. There could be ways to redesign their retirement plan offerings in a way that meets both employer and employee goals. Read More…
‘Crunched on both sides’: Older millennials balance student loans, retirement saving and kids’ college funds
Headline: ‘Crunched on both sides’: Older millennials balance student loans, retirement saving and kids’ college funds
Publication: CNBC
Article Date: 06/15/2021
Older millennials entered adulthood around the time of the 2008 financial crisis, which was followed by unique challenges like rising college costs and slow wage growth. Now, millennials are suffering through the aftermath. Read More…