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As we turn the calendar to the second decade of the millennium, it seems appropriate to look back at how retirement plans have changed.
Our 2020 Hot Topics in Retirement and Financial Wellbeing report shares the latest trends and changes in employer-sponsored retirement and financial wellbeing plans. Check out the highlights below and download the full report for more insights.
92% of employers are planning to create or focus on financial wellbeing programs beyond the retirement plan
72% of employers include financial wellness as part of a broader wellbeing program (e.g. physical, emotional)
Up from 52% in 2017
82% of employers are very or moderately likely to provide retirement education to near retirees
78% of employers are very or moderately likely to increase self-service and/or web access for retirement
One out of every six employers searches for missing participants on a monthly basis
More than doubled since last year