Thought leadership

Balancing the Now with the Next

Worker finances are stretched. The majority of employees worry about their ability to save for retirement and meet a financial emergency. Employers want to help. But how? Balancing the Now with the Next explores the factors employers should consider as they think about how to help employees improve their finances – from exploring new types of savings accounts to using existing retirement savings plans in new ways.

Read More »

Who’ll Stop The Rain?

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 dramatically

Read More »

Up or Down: Where is 401(k) Leakage Really Heading?

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 slightly in what has been a very strong economy. Just last week, Fidelity reported that 20.1% of participants have loans outstanding, down from a peak of 22.6% in 2013. Earlier this year, T. Rowe Price reported that 22.5% of participants have loans outstanding.

Read More »

An Unrecognized Link to Financial Wellness

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 a very strong link between plan loans and financial wellness.

Read More »

Extended 401(k) Loan Repayment Isn’t Stopping Loan Leakage

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 the industry are citing extended repayment as a way to prevent loan defaults—but this minimal uptake suggests limited impact.

Read More »