Open Enrollment Season is Around the Corner
Open enrollment for employee benefits kicks off this month. While you plan your Thanksgiving menu, don’t forget to review your benefit choices.
#openenrollment2021 #employersponsoredbenefits
Helping Part-Time Employees Feel Like They Belong
There are many reasons why your company may employ part-time workers, such as meeting seasonal workflow demands or retaining employees who no longer work full-time.
Yet, because part-time employees are not present throughout the entire workweek, they may not feel as integrated as full-time employees.
#PartTimeEmployees #EmployeeBenefits
401(k)s: Preferred Choice for Retirement Savings
An attractive benefit plan can play a fundamental role in recruiting and retaining qualified staff. And, when trying to save for the future, a 401(k) retirement savings plan can help employees attain their retirement objectives on a tax-advantaged basis. Named for the section of the Internal Revenue Code (IRC) that created it, a 401(k) plan may be one of the most popular and valuable fringe benefits available.
#employeebenefits #401k #retirementsavings
Changing Jobs in 2021? You’re Like Most People
Are you considering changing jobs this year? If not, you’re in the minority. A survey conducted by Harris Poll found that the majority (52%) of U.S. workers are considering a job change this year – and 44% have real plans in place to make a change. Think about that. Picture your co-workers or your team. More than half are thinking about leaving.
#retirementplanrollovers #insurance #employeebenefits
Your Retirement Plan, Ready to Roll(Over)?
Nowadays, individuals change jobs many times throughout their working lives.
If you are starting a new phase in your career, you are probably carefully considering how you will handle your finances while making the transition. One important aspect is your retirement plan funds. If you have accumulated savings in a 401(k), 403(b), or similar employer-sponsored retirement account, you need to decide how to manage those funds upon leaving your current position.
#401k #403b #retirementplan #rollover
THE FUTURE OF YOUR WORKPLACE AND ARE YOU READY FOR A 4-DAY WORKWEEK?
See how three new benefit trends are redefining employer sponsored benefits. The topics discussed include flexible work schedules, technology, and more support for mental health.
How does your business support employees through new or emerging benefits?
#employersupport #flexibleschedules #workplacebenefits
Planning Your 401(k) Investments
During the last decade, the popularity of 401(k) plans has been astounding. Over 90% of the Fortune 500 companies offer these salary reduction plans to employees.
Because most of the funding for 401(k) retirement programs is derived from employee pre-tax contributions, most employers allow participants to direct the investment of their own accounts among a series of diversified investment options.
#401kplans #diversifiedinvestments
The Basics of the 401(k)
Most often, the first question a prospective employee will ask is about your company’s benefit program. Two of the most often-asked questions are about health insurance and an employer-sponsored retirement program.
Let’s examine the most common employer-sponsored retirement program that exists today – the 401(k) plan.
#401kplan #EmployerSponsoredBenefits
Understanding the Roth 401(k) vs. Traditional
Unbeknownst to many investors, companies have the option of offering their employees a new different type of tax-advantaged retirement plan: the Roth 401(k). Not all sponsors of traditional 401(k)s have adopted the Roth feature, but it is not too early to consider whether contributing after-tax dollars to a Roth 401(k) can help you achieve greater financial security in retirement.
Curious if this option might apply to you? Reach out to one of our advisors today.
#401k #retirementplans #Roth401k
Is the Roth 401(k) an Option for You?
Since it first became available in 2006, many employers have added the Roth 401(k) to their benefit packages as a retirement savings option. A Roth option is available for Individual Retirement Accounts (IRAs) and 401(k) and 403(b) accounts. To see if a Roth 401(k) would be appropriate for your situation, let’s take a closer look.
#Roth #401k
401(k) Mistakes To Avoid
A lot of 401(k) investors end up making the same mistakes when choosing their investments. The results are low returns and unbalanced portfolios. Avoiding these four mistakes is a good start for getting more out of your 401(k).
#401k #investmentportfolios
Adapting to Changing Economic Times
Now is a great time to consider changing economic times and how these 6 questions can help you take stock of business operations, formulate new strategies, and find innovative resources to help improve the efficiency and economy of your business.
#economicchanges #businessoperations #businesseconomics
Managing Your Benefits When Changing Jobs
Starting a new job can be exciting. But, as you look forward to your new opportunity, consider carefully how you will manage your employer-provided benefits while transitioning from one workplace to another. When you leave a job, your employee benefits generally end, unless you elect to continue them. While you may receive benefits from your new employer, they will most likely differ from your previous employer’s benefits package.
Our advisors are happy to discuss your specific situation. Reach out today with any questions.
#EmployeeBenefits #FinancialPlanning #NewJob
Should you listen to music when you work?
Do you like to listen to music when you work?
Some will say they love it, claiming that it improves their performance; others will say they find it distracting and cannot work effectively with music playing in the background. Love it or leave it, we all need a little inspiration to make it a great week.
#MotivaitonMonday #MusicAtWork #WorkCulture
Beware of the High Fees in 401(k) Plans
Have you noticed your fees rising on your 401(k) statements? Not even sure what fees you are being charged?
Check out these four plans of action to address high fees in a 401(k) plan. With so many fine details affecting your accounts, talking to one of our retirement plan specialists can help you get the answers you need.
#401kfees #retirementplans
Is it Finally Time to Adopt the 4-Day Workweek?
Most employers hope to have their offices up and running by the end of the year – with employees in those offices. However, many employees prefer to stay remote indefinitely. Data supports both positions, yet both sides will likely need to compromise to some extent.
Is it time to switch to a four-day workweek?
#flexibleworkschedules #4dayworkweek #employerbenefits
Money-Focused Trends in Benefit Plans for 2021
Check out these 4 employee benefit trends shifting in 2021 which continue to change the landscape of employer sponsored benefits. The past year has brought several of these perks to the forefront of our minds.
Interested in adding a benefit to your offerings but not sure how it will affect the overall benefits you currently offer? Reach out to speak with our retirement plan specialists.
#401k #403b #emergencysavings #employersponsoredbenefits
Happiness at work doesn’t just depend on your employer
Happy Friday! As we close out the work week, remember to be the CHO of your own life. Be sure to foster happiness at work and at home; work life balance is crucial.
A positive work culture makes all the difference to both employees and employers through increased productivity, trust, and autonomy.
#worklifebalance #ChiefHappinessOfficer #happyfriday
Perk Up Your Employees
We all want to look forward to going to work in a positive work environment. In creating such an environment, we can increase employee loyalty and improve the bond between employer and employee.
Here are 5 employee benefits to perk up your employees and improve your workplace environment.
#fringebenefits #employeebenefits #positiveworkenvironment
The Benefits of Volunteering
It is National Volunteer Week!
Employer sponsored benefits can often cover a wide range of areas. One great benefit your company can provide is an employee volunteer program which is not only affordable and easy to administer, but can also help improve employee morale, build relationships, and improve your company’s relationship with the community.
#nationalvolunteerweek #employersponsoredbenefits #giveback