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Retirement plans in June continued to reflect the ups and downs of the economy
Since the pandemic kicked off market volatility in February, the economy has been on a rollercoaster ride. We continue to watch the actions our retirement plan participants are taking to gauge the impact the changing economy is having on them, so we can try to help them with timely and targeted engagement.
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COVID-19 considerations for 401(k) plan fiduciaries
With COVID-19 creating business disruptions and market volatility, many plan fiduciaries have been dealing with difficult decisions about their 401(k) plans. As you make the necessary adjustments to your plan, these five steps can help you follow a prudent process.
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Take charge of financial decisions by making them a family affair
To take charge of your finances, you need to get those closest to you on board.
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What’s the difference between stable value and money market funds?
Learn key differences between stable value and money market funds.
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Seven back-to-office cybersecurity tips
As you begin to bring employees back to the office, you may need to take special steps to safeguard your company’s network.
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Myth versus reality—what’s the real story on HSAs?
Health savings accounts can be a great way to save for healthcare costs—tax free.
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Actions taken by retirement plan participants reflect May’s mixed bag of news
In May, we saw that most participants are staying the course. But those who’ve been affected by the pandemic are finding some relief in the CARES Act.
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What’s a 401(k) employee census for?
Current census data allows your plan recordkeeper to connect directly with your participants.
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Evidence-based ideas for a 401(k) plan design upgrade
John Hancock’s 401(k) data reveals plan-level progress under way and sets clear direction for future improvements.
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IRS relaxes rules for obtaining spousal consent for 2020
IRS Notice 2020-42 creates a remote notarization process for retirement plan transactions that require spousal consent. This helps solve problems related to social distancing and COVID-19.
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