Are you sure your company’s benefits are valued by your employees and by prospective candidates who you want to join your organization? As a business owner offering a retirement plan to employees, you are a fiduciary and that brings a responsibility to offer the best retirement savings vehicle for plan participants.
54% of baby boomers have little to no savings, according to the Insured Retirement Institute. If that sounds familiar, then you need to start shifting your mindset from wondering why you put off saving to thinking about what will make you the most successful in retirement. Luckily, there are multiple strategies you can employ to help get you started.
We’re all facing challenges during these uncertain and unprecedented days – but by educating your employees on ways to not only financially manage these current circumstances but also prepare for upcoming ones, you can make a positive difference.
In the face of fear and uncertainty, crucial decisions must be made based on facts and changing rules. The CARES Act relaxes the rules to help Americans who qualify use retirement accounts through the pandemic.
