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Empower acquired the heritage SunTrust 401(k) recordkeeping business, which includes approximately 300 retirement plans consisting of more than 73,000 plan participants and $5 billion in plan assets. On September 29, 2020, Empower announced that it would acquire the retirement plan recordkeeping business of Fifth Third Bank.
AT&T made big benefits changes to keep up with the well-being crisis. Paige McGlauflin, Emma Burleigh. March 1, 2024 at 8:25 AM. Courtesy of AT&T. Good morning! The idea of employee well-being is ...
Employee Benefit Research Institute (EBRI) is a nonpartisan, nonprofit research organization based in Washington, D.C., that produces original research about health, savings, retirement, personal finance and economic security issues, including 401(k) and retirement plan coverage data, post-retirement income adequacy, health coverage and the uninsured, and economic security of the elderly.
The Employee Benefits Security Administration (EBSA) is an agency of the United States Department of Labor responsible for administering, regulating and enforcing the provisions of Title I of the Employee Retirement Income Security Act of 1974 (ERISA). At the time of its name change in February 2003, EBSA was known as the Pension and Welfare ...
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Let’s go over three key mistakes many savers make — and how to avoid them. 1. Mismanagement of retirement accounts. Transitioning to retirement requires a thorough review of your savings ...
Aon Hewitt (formerly known as Hewitt Associates) was a provider of human capital and management consulting services headquartered in Lincolnshire, Illinois in the United States. From 500 offices in 120 countries, it provided consulting, outsourcing, and reinsurance brokerage services. The "Aon Hewitt" brand and legal entities have now been ...
And if you’re 50+, you can take advantage of catch-up contributions of up to $7,500 for 401(k), 403(b) and most 457 plans. You can also stretch your retirement income by choosing to retire at ...