Financial Education/Retirement Security (U.S.)

Understanding Social Security

The impact of Social Security is far-reaching. Since its enactment in 1935, Social Security has become a primary means of funding retirement for many workers and their beneficiaries. This course is designed to help both employers and individual workers understand eligibility requirements, funding processes and ways to maximize benefits in anticipation of applying for Social Security or Social Security Disability Insurance (SSDI).

Financial Skills for Life: An Introduction to Personal Finance

Young workers have a lot to learn. Not only are they acquiring new job skills, but it may be the first time many of them have been offered benefits or earned a substantial paycheck. This approachable online course will help new workers build solid personal finances. It highlights the issues they should consider as they are getting started in their jobs and provides helpful tools for the future.

DOL Developments for Retirement Plans

The session will address significant DOL developments in 2024 relating to qualified retirement plans. Stay up to date on the DOL activities that will impact your retirement plan this year and going forward.

Takeaways:

• Understand the final retirement security rule, how it will impact fiduciary status and the future of any ongoing legal challenges.
• Recognize opportunities for participants under the automatic portability rules.
• Know the current status and future prospects of the DOL’s lost and found website for missing retirement savings.

SECURE 2.0 Act—Get the Most out of Your Plan

The SECURE 2.0 Act was signed into law in December 2022. The law now offers employers:
• The ability to include student loan benefits in plans
• Tools to help employees establish an emergency savings account
• Ways to increase catch-up contributions for near-retirees
• Expanded tax credits for new retirement plans
• A government incentive program that provides additional matching contributions to low-income workers
• And so much more!

Workplace Wellness and Financial Education Programs: 2022 Survey Results

Workplace wellness programs have grown to include benefits that address workers’ mental health, financial health, growth and purpose. Physical health-related offerings like flu shots and health risk assessments remain popular but the meaning of wellness initiatives has been expanding.

Retirement 101

Select from a defined benefit plan, defined contribution plan or a plan for public employees. Find out more about what each plan is, how much money you will get and when, different scenarios, and who pays for your benefits. This is the perfect tool to share with plan participants wanting to learn more about the power of their retirement plan.