RSS icon

Top Stories

Articles by Patty Kujawa

Investment Help Pays Off, Study Finds

June 9, 2010
Comments (0)
People who use professional help to manage their 401(k) plans get higher returns than those who try to figure it out themselves, a recent study shows.
Read More

Restoring the 401(k) Match

May 6, 2010
Comments (0)
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.
Read More

Most Workers Woefully Unprepared for Retirement

April 5, 2010
Comments (0)
Twenty-seven percent of employees have less than $1,000 in savings, according to the Employee Benefit Research Institute’s annual retirement survey. More than half of respondents say their total value of household savings and investments is less than $25,000. The survey results present a strong case for automatically enrolling participants in plans and automatically escalating contribution rates.
Read More

Minority Employees Trail in Retirement Plan Participation

February 24, 2010
Comments (0)
The lowest participation is by nonnative-born Hispanic workers. Employers can tackle the problem of lower minority-worker participation through automatic enrollment, automatic escalation of deferral rates and adding more sophisticated financial education.
Read More

Special Report on Pension & Retirement Benefits Playing Catch-Up

January 21, 2010
Comments (0)
The market plunge and boomers’ arrival at retirement age have sponsors of defined-contribution plans scrambling to get workers to save more and prevent them from staying in their jobs too long. Three major trends are on employers’ side.
Read More

Retirement Readiness Cautious Optimism

January 21, 2010
Comments (0)
In surveys last year, U.S. workers said that their retirement picture didn’t look all that great. But things may not be as bad as they thought.
Read More

DB Sponsors Under the Gun to Fund Plans

January 21, 2010
Comments (0)
The Pension Protection Act of 2006 requires defined-benefit plans to be fully funded by 2011. Because of the financial crisis, Congress eased the law’s original funding requirements in 2008. But each year, companies still need to meet specific funding levels until plans are 100 percent funded in 2011.
Read More

More 401(k) Plan Sponsors Considering Collective Trusts

May 7, 2009
Comments (0)
For years, mutual funds have been more popular among 401(k) plan sponsors, but the need to reduce plan costs has more companies considering collective trusts.
Read More

Workers Comp Fraud Can Be Pricey for Employers

March 27, 2009
Comments (0)
While there is no clearinghouse tallying all workers’ compensation claims fraud, the National Insurance Crime Bureau says it is a significant contributor to the country’s $30 billion insurance scam problem.
Read More

Tackling Health Problems by Addressing Racial Disparities

May 29, 2008
Comments (0)
A government/private sector group is spending the next two years and $300,000 building the case that improving the quality of health care for minority employees will have positive results for everyone.
Read More