Blogs

Mental Health and Money Webinar View Full Webinar Presentation Worrying about finances can have an impact on mental health and affect how you manage your money. HTLF Retirement Plan Services invites you to watch our latest financial wellness webinar, “Mental Health and Money.” Understand how the two influence each other and learn to recognize your money and mood patterns. Improving your mental and financial health will influence how you deal with debt, financial issues, and stress. This on-demand webinar is a great opportunity to identify steps you can take to break the debt cycle and find...

There is a lot of conversation lately reminding employees and participants of the fundamental reasons to contribute to their own retirement through their 401(k) plan, as well as why they should stay invested even during tough economic times. Times are tough for employers, too. With that in mind, here is our reminder for you about the importance of providing a 401(k) plan. Although the ride has been bumpy, these basics have not changed. Competition for talent. Employees expect to have a 401(k) plan. When the economy is in overdrive, that’s especially true; but even when it isn’t, the 401(k)...

A recent survey sheds light on the state of financial wellness since the pandemic. According to the TIAA 2022 Financial Wellness Survey, Americans currently define financial wellness as simply feeling comfortable with their financial situation. Over 50% believe wellness is defined as having the means to take care of family, not worrying about money or debt, and feeling protected financially from life’s unexpected events. In fact, 51% of Americans are now more aware of their overall financial wellness since the pandemic. Over the past two years: 37% say their financial wellness increased 42%...

The stock market can be unpredictable at times, and that naturally causes concern for participants. It’s more important than ever during times of volatility to remind them of the reasons to participate in their 401(k) plan, as well as the factors that went into their plan investment decisions. Here are two key reminders to share with participants that could help them alleviate their fears. Doing so may be a critical factor in their long-term financial well-being. Reminder: Stay in If at all possible, participants should probably continue investing in the plan. It’s likely that some have...

A survey of fiduciary liability insurance carriers offers insights on prioritizing and managing fiduciary duties. In the spring of 2021, Aon Investments surveyed 12 top carriers for fiduciary liability insurance to better understand how plan management typically impacts pricing for fiduciary liability insurance. The ultimate goal was to identify the biggest sources of fiduciary risk within the control of fiduciaries for Employee Retirement Income Security Act of 1974 (ERISA) defined benefit and defined contribution plans. Survey findings were published in Aon’s July 2021 white paper, “ What...