Hattie Greenan
By Hattie Greenan 2/12/2024
An industry-leading benchmark study of non-qualified deferred compensation (NQDC) plans finds that, while recruitment and retention continue to be the top goal for offering NQDC plans, other reasons for doing so are rising quickly in the ranks.
Though these plans are still primarily used to...
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By Hattie Greenan 1/29/2024
One of the optional provisions in the SECURE 2.0 Act that some employers were very excited about is the provision to allow a 401(k) match based on a participant’s student loan payment rather than deferrals.
This was seen by many as a way to help young (or not so young) employees start saving for...
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By Hattie Greenan 11/20/2023
ASPPA sister organization Plan Sponsor Council of America (PSCA) is out with its latest survey of 401(k) plans. It finds that after record contribution rates from participants and employers in 2021, plan contributions dipped in 2022.
However, although participation and contribution rates slipped,...
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By Hattie Greenan 7/20/2022
The discussion of companies as “paternalistic” has been broached, in the context of challenging the notion that, to some extent, companies are or should be paternalistic.
For example, in a recent Nevin and Fred podcast, Fred Reish told the story of explaining to his young daughter what a plan...
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