The use of auto features in 401(k) plans has continued to climb in popularity over the past decade. In fact, auto features such as automatic enrollment and auto escalation are considered best practices in 401(k) plan design as ways to help boost participation and employee savings rates.
If faced with an unexpected $400 expense, almost 40% of American adults say they wouldn’t be able to cover it with cash, savings or a credit card charge they could quickly pay off. Read on to learn more about savings and setting goals for your own financial health.
In January, we published our 2019 Perspectives. As we enter the second half of the year, we believe Fed actions will play a significant role in the future direction of our aging U.S. economy. Here are our reviews and reflections on our earlier viewpoints.
From camping with family to being deeply ingrained in his Kansas agricultural roots, Dan Heinz, our Chief Commercial Lending Officer, recently shared his background and how that’s shaped the way he approaches his responsibilities in the workplace.
By investing for retirement through your employer-sponsored plan, you are helping to manage a critically important financial risk: the chance that you will outlive your money. But choosing to participate is just one step in your financial risk management strategy. You also need to manage risk within your account to help it stay on track.