Replay Now Available: Market Outlook with J.P. Morgan

Welcome to part one of our four-part series on Plan Design, a complex yet essential aspect of managing a retirement plan. When designed to align with your organization’s goals, it can increase participation, improve outcomes and simplify administration. Let’s start with automatic enrollment, a powerful plan design feature that can help increase participation and improve savings rates in your retirement plan—when implemented correctly. By setting a default contribution percentage, such as 6%, employees are automatically enrolled, with the option to opt-out or adjust their contributions within the timeframe outlined in their notices. This approach has become widely accepted, with 90% of employees…

As the end of the year gets closer, it’s a good time to pause and revisit your plan design. Retirement plans are more than a benefit—they’re a tool to support your team and help your business thrive. But to get the most out of your plan, it needs to be designed with intention. That’s why we’re launching a four-part Plan Design series to cover key steps that can improve your plan’s effectiveness and be sure it’s meeting the needs of your employees. There are eight key considerations for creating an effective plan design, and each video in this series highlights an essential…