SHRM Online spoke with the author of a new report, “The Peak 65 Generation—Creating A New Retirement Security Framework,” about the role annuities can play with, and within, employer-sponsored 401(k) plans to provide protected lifetime income.
While employers should never push employees into retirement before they’re ready, HR can serve as a helpful resource if workers want to learn more about making the transition. Here are some ways in which HR departments can support older workers who are ready to consider retirement.
The American Rescue Plan Act provides extensive financial assistance to underfunded multiemployer pension plans and temporarily reduces funding requirements for…
The pandemic-related extensions of certain benefit plan compliance and reporting deadlines are expiring. Given a lack of answers from regulators, plan administrators should decide whether to treat the extensions as ended.
The Biden administration is reviewing Trump administration final regulations with an eye toward replacing many that address employer-sponsored health and retirement plans, and has frozen all proposed regulations pending their review.
The COVID-19 pandemic, social unrest and technological advancements have amplified and accelerated employee benefits trends that were already underway. Here, benefits and pay specialists share their predictions for 2021.