Managing a 401(k) plan that aligns with the goals and needs of your business can be challenging. One way is by leveraging innovative options like maximizing savings for business owners, claiming tax credits and implementing appreciated talent management strategies.
Running a retirement committee doesn’t have to be difficult. Follow these 3 informative tips to help make your team more successful!
Innovative and creative approaches to help your company stand out while improving workers’ financial well-being.
Although not required by law, many 401(k) plans offer a loan provision as a way for plan participants to access money prior to retirement. The thinking is that more employees will contribute to the plan if they know they can tap into their savings should they incur an unexpected expense while working; conversely, if employees can only access their savings at retirement, employees may decide not to contribute at all.
Key strategies to help employers maximize savings and minimize taxes.
The average American will change jobs 12 times. Searching for a better quality of life, workplace benefits or change of scenery has led Americans to move careers, with frequency. But what happens to their old 401(k) account? Help your employees understand their four options. Share this helpful infographic that breaks down the pros and cons of each distribution.
