Retirement & Benefits

Whether via audit or some other review process, it's not uncommon for employers to discover that a plan failure has occurred. Most errors are resolvable.

Social Security spending relative to GDP is set to increase sharply in the next decade as baby boomers retire.

In addition to an average projected wage increase of 3.9%, employers are taking a total rewards approach and adding new employee benefits.

By putting the right financial well-being solutions in place, employers can start to alleviate the severe stressors that may exist between races, genders, and other vulnerable groups—and help these people stay at your company.

Environmental, social, and corporate governance factors may become more acceptable as decision factors in plan fiduciaries' selection of investment options. But the rules will likely continue to evolve.

Americans now expect to need $1.25 million in retirement, and they don't expect to retire until age 64, vs. an expected retirement age of 62.6 last year.