When employers began automatically enrolling employees into retirement plans, it was a retirement savings game changer. Plans that automatically enroll have seen upwards of 90% employee participation, compared with only 50% participation for plans with voluntary enrollment. Given automatic enrollment’s success in boosting retirement accounts, how can this effective tool be improved? Enter S.1431 – … Continue reading "Automatic Enrollment 2.0"
More and more, the haul from my mailbox (snail mailbox, that is) is magazines, catalogs, junk mail and once a quarter, my retirement statement. To be honest, it all (except for the magazines) goes immediately in my recycling bin. And considering the current COVID-19 climate, it likely gets sprayed with sanitizer, too! Like most Americans, … Continue reading "Retirement Statements – Safer in an In-Box than a Mailbox!"
Ensuring your financial security can be daunting. From understanding investment options in your 401(k) to assessing the type and amount of life insurance needed to support your family – there are many choices to be made. Experienced professionals can help – including insurance producers, independent broker dealers (IBDs) and independent financial advisors (IFAs). Not only … Continue reading "Consumer Access to Vital Financial Security Products Threatened by PRO Act"