An educated employee is an empowered employee, especially when it comes to retirement savings and financial wellness.

One of the most important changes in the SECURE Act is removing a major stumbling block to offering annuities in 401(k) plans.

According to a Transamerica Center for Retirement Studies (TCRS) report fewer than four in ten U.S. workers know about a tax credit that may help them save for retirement, per the IRS. The Saver's Credit is available to eligible taxpayers who are saving for retirement.

Retirement planning can often seem complicated and daunting. Really, though, most of the actions a person needs to take to work toward a confident retirement are very simple.

Employers have seen and continue to see changes in their current business environment. As they explore options to reduce costs, some may find themselves needing to reduce the employer contributions into their retirement plans. A popular 401(k) design option is the safe harbor 401(k) which requires either a non-elective employer contribution or an employer match.

Despite the fact that women tend to live longer, female workers typically have lower retirement account balances than their male counterparts. Many factors may contribute to this disparity, including lower earnings, greater part-time work and time off for child and eldercare, lower levels of financial literacy and lower risk/lower return investment choices.

Working remotely is not a new concept, but it may be new for some. As companies respond to COVID-19 with alternative work arrangements, many employees are having to work from home on short notice and with little preparation.

As the world responds to the coronavirus situation, fear and anxiety are escalating in the workplace. Making employee health and well-being a priority is important, but it must go beyond reiterating the importance of good hygiene or encouraging employees to work from home. During this challenging time, companies must take action to instill calm and reassure employees that they are committed to their overall health and well-being. Key steps to consider include: