Financial Security First
The case for plan advisers to integrate SECURE 2.0 emergency savings solutions.
Tag: emergency savings
Auto-IRAs May Need Better Emergency Withdrawal Comms
A study by Boston College researchers finds state auto-IRA savers may not know how flexible the accounts can be.
Voya Financial and SecureSave to Offer Emergency Savings Program to Workplace Clients
The tool is available out-of-plan to Voya’s Workplace Solutions clients.
Why Emergency Savings May Be Staying Out of Plan
PLESAs are tax-privileged and can auto-enroll, but their out-of-plan alternative are currently more popular to many plan sponsors due to...
Fidelity, Voya Report Workplace Plan Growth
Firms highlight retirement plan, participant count growth in Q4 and full year reporting.
Workers Call for Savings Assistance in New Report
Many employees are stressed about their finances and are tapping retirement savings to make ends meet, according to a survey...
Inspira Simplifies Structure, Targets More Holistic Market Approach
Inspira Financial, formerly Millennium Trust, will be doing outreach to plan advisers with a more streamlined structure, executives say.
Delta, Amazon Point to Importance of Emergency Savings For Employees
Benefits representatives discussed the importance of emergency saving assistance for employees at the EBRI-Milken Retirement Symposium.
PLESAs Are Important Coverage Expanders, SECURE 2.0 Co-Author Argues
A former senior Senate staffer spoke at the EBRI-Milken Retirement Symposium about how pension-linked emergency savings accounts can greatly encourage...
DOL Brings Clarity to Newly Available Emergency Savings Accounts
The FAQ guidance builds on earlier IRS directives, with a focus on investments and fee structures.
Candidly Launches Emergency Savings Solution
The education debt management platform expands with ‘more inclusive solution’ available as one of its SECURE 2.0-based retirement options.
Why Short-Term Financial Stress Hurts Long-Term Savings
A T. Rowe Price retirement expert finds participants who take multiple short-term loans end up with less retirement savings—furthering the...
DOL Says to Expect Fiduciary Proposal in August
The new rule would seek to redefine when investment advisers for plans and IRAs are 3(21) fiduciaries.
How Emergency Savings Serves Low-Income Households
BlackRock research shows that emergency savings balances helped low-income households keep more money in their retirement savings accounts during the...
Advisers Can Help Educate on Emergency Savings, Student Loan Debt Matching
Half of employers plan to add emergency savings and student loan debt matching via SECURE 2.0, according to MFS Investment...
As SECURE 2.0 Changes Loom, Plan Sponsors Need Prep, Advice
SECURE 2.0 gives advisers ample opportunity to connect with plan sponsors to ensure they are ready for both mandatory and...
Viewpoint
Expanding the Adviser Remit
Sponsors and recordkeepers pursue inclusive financial wellness.
Roundtable
What Participants Need
3 industry experts weigh in on how employers can help participants meet their retirement goals.
New Plans Will Need Engaged Advisers for Success in SECURE 2.0 Era
SECURE 2.0 brings opportunity, but also implementation, tracking and administrative questions, according to experts speaking on a PLANADVISER webinar.
Experts Predict Major Growth in Retirement Coverage, Benefits
By year-end 2026, 88% of employers are projected to provide a defined contribution plan, according to new report from Transamerica.