retirement

Behavioral Finance and Plan Design: Four Ways to Boost Participation
Team SummitEmployee Outcomes, Employer Resource Center, Plan InvestmentsComments are off for this post
Though many employees are aware that behaviors such as enrolling in and contributing sufficiently to their company 401(k) or 403(b) can help them prepare for a successful retirement, too often they fail to develop the necessary saving and investing habits. One reason for this may be an outsized influence of emotion, biases, and faulty heuristics  Read More →
Survey Says…What’s Your Take on Financial Wellness Programs?
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
A recent comprehensive TIAA survey of financial wellness plan participant perceptions may be helpful to plan sponsors who have, or are considering implementing, a wellness plan for their employees. Employees’ definition of financial wellness varies considerably: “having the means to take care of your family and others” (53%), “not worrying about money or debts” (51%),  Read More →

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