Almost half of Americans are behind in saving for retirement, but with these 5 strategies informed by behavioral science, you can help reduce complexity, build confidence, and, consequently, boost your participants’ engagement.
Once again, we were honored to be asked to testify before the United States Department of Labor Employee Welfare and Pension Benefit Plans Advisory Council in August, where we provided testimony about the gaps in retirement savings based on race, ethnicity, and gender.
Last year open enrollment was unlike any year before it. Employees had to make benefits decisions in a time of uncertainty—their health, their finances, the political landscape, and social unrest. Here’s our advice on how to approach this enrollment season.