Leading Edge Wealth Advisors LLC

Financial Stress and the Rise of Wellness Benefits As financial stress continues to weigh heavily on employees, more employers are stepping up by offering financial wellness programs. In her article for HR Brew ™️, Theresa Agovino explores how companies are addressing workers’ money concerns through benefits that promote financial literacy, planning, and peace of mind. Are financial wellness benefits becoming a workplace essential? Let’s discuss how these programs can create healthier, more productive employees. #FinancialWellness #EmployeeBenefits #WorkplaceTrends #HRInsights #FinancialLiteracy https://lnkd.in/g3gqUnwx

Cybersecurity Threats: The Unseen Risks Ahead As technology advances, so do the risks. This FF News | Fintech Finance article highlights emerging cybersecurity threats that may surprise you—teens and AI-savvy employees are predicted to play a larger role in cyberattacks next year. Understanding these unconventional risks is crucial for businesses aiming to safeguard their data and operations. Are your cybersecurity strategies ready for what’s coming? #Cybersecurity #EmergingThreats #TechRisks #BusinessProtection #AIInnovation https://lnkd.in/dhCFv9j8

AI in HR: Cutting Through the Chaos As we approach 2025, HR professionals face a clear mandate: streamline operations and reduce complexity. The solution? Leveraging AI effectively to tackle the chaos. Jen Colletta writing in HR Executive dives into how HR leaders can harness AI to optimize workflows, improve decision-making, and create a better workplace experience. The future of HR isn’t just about technology—it’s about using it thoughtfully. How is your organization preparing for the AI-driven transformation in HR? #HRTech #ArtificialIntelligence #FutureOfWork #HREfficiency #WorkplaceInnovation #HR https://lnkd.in/gbwUamVC

Burnout and stress are no longer silent challenges—they’re urgent priorities for workplace wellness programs. In Corporate Wellness Magazine, @Jennifer Morton,  a Learning and Development Specialist at Volkswagen Group, and a Certified Corporate Wellness Specialist (CCWS), explores why addressing these issues should top the list for organizations aiming to support their employees. With actionable strategies to reduce stress and foster resilience, this article highlights the importance of proactive wellness initiatives in creating healthier, more productive workplaces. Let’s make employee well-being a top priority! #WorkplaceWellness #EmployeeHealth #BurnoutPrevention #StressManagement #CorporateCulture #CorporateWellnessMagazine https://lnkd.in/gHuxb-MR

Writing in JD Supra Ary Rosenbaum states that as a retirement plan sponsor, you have the fiduciary responsibility to look over your plan and part of looking over the plan is preparing for the future. The attached article is about what end-of-year planning a plan sponsor should be doing in maintaining and improving their retirement plan for the coming new year. Click here to view the original article: https://lnkd.in/gwFH-d6N #retirementplans #plansponsors #401k #fiduciary

The U.S. Department of Labor is poised for a potential shift in direction with President Trump’s nomination of Lori Chavez-DeRemer as Secretary of Labor. This move marks a notable decision, as she is recognized for her pro-union stance—a perspective not commonly associated with Republican leadership. In a detailed article from 401k Specialist Magazine, the implications of this nomination are explored, shedding light on how it could impact workplace policies, retirement plans, and the broader labor market. #LaborPolicy #RetirementPlans #WorkplaceTrends #DOL #401kSpecialist https://lnkd.in/gCNABGrG

SECURE 2.0: What Provisions Are Workers Paying Attention To? The SECURE 2.0 Act has introduced significant updates to retirement planning, but which provisions resonate most with employees? Lynn Varacalli Cavanaugh in her article for BenefitsPRO dives into the key features workers are exploring, from automatic enrollment to emergency savings accounts, and why these changes matter for their financial futures. As employers and benefits providers, understanding these priorities can help tailor plans that truly support employee needs. Which SECURE 2.0 provision do you think will make the biggest impact? Let’s discuss! #RetirementPlanning #EmployeeBenefits #FinancialWellness #SecureAct #WorkplaceTrends #FutureOfWork https://lnkd.in/g-T_iTVv

BMO Financial Corp., a division of North America’s eighth-largest bank by assets, was sued in federal court in a complaint seeking class action status regarding the use of 401(k) plan forfeitures by its retirement plan committee. The complaint filed Wednesday in the U.S. District Court for the Central District of California adds it a growing list of plan committees being accused of not properly using forfeited funds under the Employee Retirement Income Security Act. BMO, whose parent company, the Bank of Montreal, is based in Canada, wrote via email that the company “does not believe that these claims have merit and will be vigorously defending against them.” Details are available in this PLANSPONSOR article written by Alex Ortolani https://lnkd.in/gpwmMzMP #fiduciary #fiduciaryduty #plansponsors #hr

Welcome to the latest edition of The Retirement Times! The November issue dives into the latest updates and insights across key topics that matter most to our community of business owners, human resource professionals, and plan sponsors—from industry trends and innovative solutions to practical advice for your business. Whether you're looking for strategies to navigate current challenges or inspiration for growth, we've packed this newsletter with valuable content to keep you informed and empowered. #IndustryInsights #BusinessGrowth #Innovation #ProfessionalDevelopment #Newsletter

In the world of retirement and health plans, cybersecurity often focuses on external threats—like hackers targeting sensitive data. However, internal risks from disgruntled employees shouldn’t be overlooked. Recently, the Department of Labor (DOL) expanded its cybersecurity guidelines to cover all ERISA plans, including retirement, health, and welfare programs. This shift adds a new layer of responsibility for plan sponsors, who now have even more private information to protect. The team at Leading Edge Wealth Advisors LLC covers this and more in the November 2024 edition of The Retirement Times. #Cybersecurity #RetirementPlans #DOLGuidelines #ERISA #InternalThreats