Is inflation Good or Bad for 401k and Defined Benefit Participants?

Headlines everywhere have been alerting us to surging prices and inflation. The consumer price index for all items rose 0.6% in January and drove annual inflation up by 7.5%.
This marked the biggest gain since February 1982 and was even higher than the Wall Street estimate. Even if you are not caught up on the news, a trip to the gas station or grocery store will very quickly bring you up to date and turn these numbers into reality. This may leave you wondering about potential negative consequences to your retirement plan.

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How Changes in the Workforce are Affecting Retirement Plans

Among the economic growth and inflation, workforce trends are affecting how businesses approach their employee benefits. Employers are needing to be more creative and thoughtful than ever in attracting and retaining key talent, and retirement plans are often one underutilized tool.

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