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Articles by Patty Kujawa

Highlighting Employee Investment Gaps

December 9, 2010
Some employers are more proactively educating workers about insufficient contributions to their 401(k) plans, a trend that’s expected to persist into 2011. One company, after mailing nearly 17,000 personalized letters about current employee investing levels, tracked a 45 percent increase in contributions.
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Improving Employees' Financial Literacy

November 1, 2010
While many employers offer some form of investment advice, a recent national survey shows that employees are slow to tap that expertise. One Minneapolis-based construction company has been able to better connect with employees by hosting a series of financial workshops.
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Weighing Retirement Calculator Options

October 4, 2010
As retirement calculators become more sophisticated, employees can gain better insights into how much they need to save. But the number of steps involved, as well as the underlying statistical models, can dramatically alter that bottom-line figure.
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Retirement Readiness Can Employers Do More

September 10, 2010
Despite the growth in 401(k) plans, nearly half of Americans ages 56 to 62 haven't saved enough for retirement, according to a recent Employee Benefit Research Institute analysis. Defined-contribution plans don't reach some employees, including those working in small businesses. Even BrightScope, the relatively young defined-contribution ranking company, is only now establishing a plan.
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Restoring the 401(k) Match

May 6, 2010
Six months after it suspended its matching contribution to employees’ 401(k)s, Briggs & Stratton decided it was time to bring the dollars back. The company is part of a trend: Of the 293 U.S. employers that suspended matching contributions last year, 44 percent have already restored the match or intend to restore it by next year, Fidelity found.
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