retirement plans

Cybersecurity and How to Deal with Data Breaches as a Plan Sponsor
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
Retirement funds are a target for cybersecurity attacks and identity fraud more than ever before. For most people, their retirement account is one of their biggest assets and they rarely check it. This makes these accounts a prime target for cybercriminals. Data breaches with recordkeepers are common. Last month 1,833 Walmart participant 401(k) plans were  Read More →
How Employers Can Help Close the Racial Retirement Wealth Gap
Team SummitEmployee Outcomes, Employer Resource Center, Plan Operations & AdminComments are off for this post
Recent research conducted by Economist Impact highlights a significant discrepancy between white and Black workers’ retirement confidence. While half of white respondents feel confident about retiring by the federal retirement age, only 39% of Black survey takers share this sentiment. Older Black workers (ages 51-64) face even greater uncertainty, as they’re the least likely to  Read More →

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