3.28 Million and Counting…
A large spike in unemployment leads to an increase in withdrawals from retirement savings. Sponsors should take action now to preserve retirement security.
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A large spike in unemployment leads to an increase in withdrawals from retirement savings. Sponsors should take action now to preserve retirement security.
When large companies announce layoffs, what is often missed in the news is the true cost of 401k loan defaults by those employees affected.
Over the past two years, plan sponsor and defined contribution industry focus on leakage of participant assets out of the qualified plan environment has increased
The U.S. may have just reached the longest economic expansion on record, but the news underneath the headline numbers is not all about growth.
This year, we’ve seen some evidence that, after a period of uptick during and after the financial crisis, loan activity in 401(k) plans has subsided
On July 31, we worked with Employee Benefits News on an educational webcast, “Is Your Loan Program Getting in the Way of Financial Wellness?” There’s
In their latest “How America Saves” report, Vanguard highlights that only 4% of participants terminating with an outstanding loan are using ACH repayment. Some in
Deloitte projected over $2 trillion will leak out of 401(k) plans due to loan defaults over the next 10 years. Custodia Financial has announced an expansion of
You never know where in the world the Retirement Loan Eraser banner will turn up. This spring, it was at base camp at Mount Everest
RLE is scaling new heights and spreading the good word about 401(k) loan protection in other parts of the world! This week our Chief Technology