10 Changes To 401(k)s Employers Should Make Now

There are a lot of easy things that employers could do to improve their 401(k) plans—and the retirement security of their workers. They just need prodding. “We’re encouraging workers to speak up and employers to reach out and talk to their people,” says Catherine Collinson, president of the Transamerica Center for Retirement Studies, a non-profit funded by Transamerica, a subsidiary of financial giant Aegon Aegon.

In a new report, Collinson features five things employers can do immediately. Why stop there? I’ve added another five. These are all action items within the reach of employers now. They don’t require regulatory reform or new laws. Many employers are offering some of these features already, but many are not. Large employers tend to be the leaders, and micro employers tend to be the laggards, Collinson says. But pretty much every employer can find some room for improvement.

 

Read more from Forbes here

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s