Leveraging Auto Features to Increase 401(k) Plan Participation.
Setting up a retirement plan for your organization was no small task. You goal of creating a savings culture is measured by how many employees participate in your plan. Unfortunately just because you have provided the plan, that doesn’t mean your employees will just automatically participate in it. For your plan succeed so here are 4 tips you can use to help increase your plan participation. • Auto Enrollment • SECURE Act Tax Credits • Auto Increase • Company Match
Impacts on 401(k) Lineups…a few little surprises may be hiding in your retirement plan.
One benefit of investing in a retirement plan is that you have access to two special kinds of investments: target-date funds and stable value funds. These funds serve very different purposes, but both can help with your retirement-savings goals at different times in your life, or in the current case, as tolerance for market risk changes.