Ric Edelman, chairman and CEO of Edelman Financial Services, told his Chicago audience that a combination of factors including a misunderstanding of exponential growth and its effect on compounding interest have led workers to short-term planning that can be deadly to 401(k)s and other defined contribution plans.
In addition to the benefits of having healthier employees, the UnitedHealth Group study shows employers also gain from the professional skills employees learn while volunteering.
Earlier this week, we brought you part one of Contributing Editor Ed Brays 2013 ABCs of employee benefits. Bray is director of employee benefits for a major transportation company in Hawaii. Here, he covers N to Z everything from nondiscrimination rules to retirement readiness to top-notch employee communications.
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