Retirement Plans and the Calsavers Program
What is the Calsavers Program and how does it apply to my business? We've answered some of your most pressing questions here.
News and Resources for Retirement Plan Sponsors and Fiduciaries from your Retirement Team at Lagos Wealth Advisors
What is the Calsavers Program and how does it apply to my business? We've answered some of your most pressing questions here.
The end of the year can help remind us of last-minute things we need to address and the goals we want to pursue. To that end, this list provides you with some aspects of your financial life to think about as this year leads into the next.
Regret aversion is a construct in behavioral finance theory that suggests investing decisions are, at least in part, driven by fear of later regretting a “wrong” choice. And this isn’t just some psychological mumbo jumbo. Functional MRI neuroimaging studies of the brain have demonstrated a biological correlate to this phenomenon in the form of increased activity within the medial orbitofrontal cortex and amygdala. The fear is real — and it can have serious consequences for participants.
During the pandemic, workers quit their jobs in record numbers across the U.S. Think about these three simple strategies to assist in your efforts to locate and retain qualified staff.
According to Forbes, a financial wellness program is the new “must-have” employee benefit. And it’s not hard to argue that it’s a must-have for plan sponsors too. After all, financial stress can hinder productivity and dampen employee morale, while financial wellness can help workers gain control of their financial lives and retire on time, saving companies money. But this is one area where less is definitely not more — and rubber stamp solutions can cause problems all their own. Here are four examples of financial wellness gone wrong.
In this age of relying heavily on technology, it is vital to take the necessary cyber security precautions. You want to make sure that all sensitive information is highly protected. This document showcases some tips and trick for plan sponsors.