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Older Employees in the Workforce

Older Employees in the Workforce | The SECURE Act | COVID-19 + CARES Act | Legislative Highlights

The U.S. Bureau of Labor and Statistics reports that the number of employees aged 65 and older has increased nearly 70% in the last decade.

Combined with projections that they will constitute a quarter of the labor force by 2028, older employees are the fastest growing workplace demographic. As retirees increasingly postpone retirement or gradually transition via part-time positions, it is helpful for plan sponsors to consider this trend and how they can best meet the needs of this growing employee demographic.

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