• The HR Specialist - Print Newsletter
  • HR Specialist: Employment Law
  • The HR LAW Weekly
  • The HR Weekly


Employees still confident they can retire comfortably

The Employee Benefit Research Institute’s 32nd annual Retirement Confidence Survey, conducted in January, found that more than 70% of workers are at least somewhat confident they will be able to retire comfortably, with three in 10 saying they are “very confident.”

Survey: Employers expect to enhance retirement plans

Most U.S. employers are eyeing enhancements to their defined contribution retirement plans in an effort to boost their employees’ retirement security and financial well-being, according to a survey by the Willis Towers Watson consulting firm.

Finance training produces better retirement investors

Employees who participate in financial wellness webinars are more likely to adjust contributions to their 401(k) funds, according to new research by the Employee Benefits Research Institute.

DOL raises penalties for 2022

The Department of Labor has announced the 2022 inflation adjustments to penalties for violations of the Fair Labor Standards Act, the FMLA and the Employee Retirement Income Security Act.

DOL recovered retirement funds worth $2.4 billion

The Employee Benefits Security Administration recovered more than $2.4 billion in direct payments to retirement plans, participants and beneficiaries in fiscal year 2021.

Bill would require automatic enrollment in retirement plans

H.R. 2954—the Securing a Strong Retirement Act of 2021—is designed to encourage more Americans to set aside money to fund their retirements.

Retirement saving balances, contributions rose in 2020

A booming stock market and higher savings rates pushed average 401(k) account balances to record levels in the fourth quarter of 2020, according to a Fidelity analysis of its investors’ accounts.

Retirement confidence high despite pandemic

Fully 72% of working people surveyed earlier this year by the Employee Benefit Research Institute say they are optimistic they will live comfortably after they quit working.

DOL guidance addresses retirement plan cybersecurity

The U.S. Department of Labor has issued new guidance for retirement plan sponsors on best practices for maintaining cybersecurity, including tips on how to protect employees’ retirement benefits.

Pandemic harms women’s retirement readiness

Women are saving less for retirement than men are, a trend that the coronavirus pandemic has made worse.