Compensation and Benefits
Max out retirement benefits with simple steps

Many Americans 50 or older will need to put savings on a fast track to retire comfortably at age 65. A great way to do that is to ensure they are seizing every employer-provided opportunity afforded them. According to Rob Austin, director of retirement research at Lincolnshire, Ill.-based Aon Hewitt, 82 percent of those 50+ take advantage of their employers' 401k plans. "So right off the bat, 18 percent are not participating at all," Austin says. "We see non-savers across every age demographic. Some of that is due to people thinking they can't afford to save, or not knowing the steps they need to take to participate. Others don't have the time or energy to participate. "To some...