CalSavers one of the first state-run programs that provides retirement plan coverage for private-sector employees whose employers do not, showed consistent—but modest—growth in the second quarter. Still, its assets were close to $1 billion by June 30. Learn More: https://lnkd.in/e3mRWkzZ
American Society of Pension Professionals and Actuaries’ Post
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CalSavers, one of the first state-run programs that provides retirement plan coverage for private-sector employees whose employers do not, continues to grow—especially in assets. Learn More: https://ow.ly/X7JN50Rxnl4 #RetirementPlan #EmployeeBenefits #FinancialSecurity #RetirementSavings #FinancialPlanning
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Did you know that several states now require employers to offer retirement savings programs or participate in state-run plans? Discover the implications for your business and employees in our blog. https://bit.ly/3Zr6f3h
Retirement Savings Programs
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One of largest challenges to workers having a secure financial future is lack of access to a retirement plan, and “closing the coverage gap” continues to be one of the most important objectives in the retirement industry today. The Road to Retirement: A Paychex Special Report delves into the trends employers and employees are experiencing nationwide. Click to read the full report.
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Building better retirement outcomes for employers and employees. CCA Past President. Retirement M&A. Expert Witness.
The models that attempt to demonstrate how well American workers are faring in preparing for retirement in a 401(k)-only environment never take into account unplanned financial challenges. Remy Samuels of PLANSPONSOR uses a Goldman Sachs study to demonstrate how these challenges plague retirement preparedness. The way to be prepared is to work in an environment where there is a core employer-paid retirement plan (typically broad-based defined benefit plan of some type) that continues to accrue during a worker's personal good times and bad. https://lnkd.in/gTnxKTgi
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Maximizing retirement savings? 💰 If there are no employees, a cash balance plan might be the best choice due to its higher limits. For clients like consultants or doctors with high income, cash balance plans allow significant contributions without impacting daily spending. For lower contributions, a SEP or 401K could be more suitable. #RetirementPlanning #CashBalancePlan #HighIncomeStrategy #FinancialPlanning #ClientSuccess
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According to the Schroders’ 2024 U.S. Retirement Survey, there appears to be a disconnect between the amount current workers think they will need to retire comfortably and the amount they believe they will have saved. Read More: https://ow.ly/H94n50Sti07 #RetirementPlanning #RetirementSavings #RetirementReadiness
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Did you know that 1 in 5 401(k) accounts is unclaimed? Don't let your employees' retirement savings go missing! Learn how to locate and reunite with missing participants and strengthen the integrity of your employer-sponsored plan in today's blog: https://hubs.la/Q02CJnc60
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Providing down-to-earth and practical strategies for employees and employers everywhere working towards a respectable and timely retirement.
Did you know that several states now require employers to offer retirement savings programs or participate in state-run plans? Discover the implications for your business and employees in our blog. https://bit.ly/3Zr6f3h
Retirement Savings Programs
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Did you know that several states now require employers to offer retirement savings programs or participate in state-run plans? Discover the implications for your business and employees in our blog. https://bit.ly/3Zr6f3h
Retirement Savings Programs
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Did you know that several states now require employers to offer retirement savings programs or participate in state-run plans? Discover the implications for your business and employees in our blog. https://bit.ly/3Zr6f3h
Retirement Savings Programs
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