Encouraging employees to make the most of their retirement plan benefits is harder than it seems. Often pressing, immediate financial needs take priority over long-term retirement savings. Employees may need guidance on budgeting, managing debt, establishing emergency savings, tackling student loan obligations, or any number of other personal finance topics hindering their ability to save for retirement effectively.  It’s challenging for business owners and HR teams to find the time and resources to educate employees on these topics and communicate the benefits of their retirement plan effectively.

Every month, this short newsletter delivers insights into retirement savings and practical personal finance tips in a simple and easily digestible format.

Financial stress in the workplace can cause distractions, decreased productivity, increased absenteeism, and increased healthcare costs. A recent Employer Financial Wellness survey from PwC* reported that 57% of employees say finances are the top cause of stress in their lives. The survey cited negative impacts on sleep, mental health, self-esteem, physical health, and relationships at home resulting from financial stress.

Business owners and HR teams can provide education to help alleviate some of this stress by simply passing the content on to their employees. Employees benefit from quickly learning simple, actionable steps they can take to maximize their retirement plan benefits and improve their financial lives.

When paired with a comprehensive educational strategy, which may include integrating a repository of brief educational videos, interactive in-person or virtual sessions, and access to a team of retirement plan advisors to address questions promptly, your employees could be well on their way toward a more secure financial future!


Two image with text detailing how to improve your financial wellness for your 401k.

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With more than 100 years of combined experience, our team’s expertise and knowledge of the retirement plan landscape allow us to manage all aspects of your retirement plan. We act as an extension of your HR Department by leading the management of your retirement plan, alleviating the resource drain on your HR team, and freeing your team to focus on other areas of employee benefits and relations.

We keep our clients informed of relevant changes to rules and regulations, assist in managing fiduciary liability, and provide support in navigating the complexities of the retirement plan. We help our clients untangle complicated fee structures and provide a crystal-clear understanding of how the various entities servicing the plan are being paid. We are commission-free and not beholden to any fund or insurance company – putting us on the same side of the table as our clients.

On Friday, August 25 the IRS released guidance (Notice 2023-62) addressing Roth Catch-Up Contributions that were part of the SECURE 2.0 Act passed in December 2022…

We are aware that some of our plan sponsors have received letters from the IRS stating that the 12/31/22 Form 8955-SSA was not filed timely or was incomplete. The notice includes an assessment of the penalty for a late or incomplete filing…

The Internal Revenue Service (IRS) announced increases to retirement plan limits for tax year 2024. These cost-of-living adjustments were published on Wednesday, November 1, 2023…