Day: December 19, 2019
Myth Series #12: I can’t offer a student loan program in my retirement plan.
With student loan debt reaching astronomical numbers, employers are increasingly looking for ways to add student loan assistance programs to their benefits packages. While current student loan repayment programs can relieve financial stress, they do not offer tax benefits to employees. However, a recent IRS Private Letter Ruling allowing a...
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Broker vs. Fiduciary: The differences you must know
For plan sponsors, running a 401(k) plan can be complex and time-consuming. Some plan sponsors hire outside advisors to help the plan stay compliant with IRS and ERISA laws. It is crucial to understand the difference between hiring a broker versus hiring a fiduciary. Each has a unique set of...
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Adding Wellbeing to Round out your Employee Value Proposition
When it comes to what companies are prioritizing, engagement and wellbeing are now at the top of the list. Many organizations struggle with how to focus on what piece and how much to invest. One thing the research is clear on is that when you combine engagement with wellbeing, you...
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