Many years ago, I visited Grand Canyon National Park with my mom and aunt. It was unseasonably hot, but I wanted to walk down into the canyon on the Bright Angel Trail. My companions were not up for the hike, so I […] The post Educating DC Plan Participants for the Long Hike to Retirement appeared first on Word on Benefits ..read more

With the federal student loan debt relief plan ruled unconstitutional by the Supreme Court, more employers are expected to consider offering student loan repayment benefits (covered in Part 1) or retirement plan matching under the SECURE Act 2.0 of 2022. The optional […] The post Matching Contributions for Qualified Student Loan Payments Under SECURE Act 2.0 appeared first on Word on Benefits ..read more

With the federal student loan relief plan ruled unconstitutional by the Supreme Court, more employers are expected to consider offering student loan repayment benefits (loan paydown) or 401(k)/403(b) matching under the SECURE Act 2.0 of 2022. Federal student loan payments resume in […] The post Student Loan Repayment Benefits: What Are The Options Now? appeared first on Word on Benefits ..read more

The SECURE 2.0 Act was included in a 4,155-page omnibus spending bill that passed on December 23 when President Biden signed it into law. We broke down the law in... Read more > The post SECURE 2.0 Act: A Breakdown of Ten Big Implications for Employers appeared first on Word on Benefits ..read more

As a benefits professional, you often wear many hats, and communications could be one of the more challenging roles you encounter. You’re required to not only inform but inspire employees... Read more > The post Magazine Extra: Benefits Touch Points—Communicating When It Matters appeared first on Word on Benefits ..read more

Plan sponsors and administrators are encouraged to reference these comprehensive calendars to stay on track in 2023. Health and Retirement Plans Subject to ERISA (Includes Multiemployer Plans) Health and Welfare... Read more > The post 2023 Employee Benefits Reporting and Disclosure Calendars appeared first on Word on Benefits ..read more

Last week, we shared five reasons why cryptocurrencies can present serious risks to 401(k) fiduciaries and participants. Since then, there has been some confusion about fiduciary duties when it comes... Read more > The post Cryptocurrency Guidance for 401(k) Plan Fiduciaries appeared first on Word on Benefits ..read more

March is Women’s History Month in the U.S.! This month is dedicated to reflecting on the often-overlooked contributions of women to history in countless fields. The 2022 Women’s History Month theme... Read more > The post The Next Level—Supporting Women’s Retirement Security appeared first on Word on Benefits ..read more

Federal agencies, including the Internal Revenue Service (IRS) and Department of Labor (DOL), have been busy issuing guidance on some of the more complex provisions of the Setting Every Community... Read more > The post SECURE Act Guidance: What DC Plan Sponsors Need to Know appeared first on Word on Benefits ..read more

Retirement planning is an important exercise for everyone. And when you have only a modest retirement nest egg, there is little room for error when planning for how to make... Read more > The post Five Critical Retirement Planning Decisions You Need to Consider Today appeared first on Word on Benefits ..read more