Griffin Benefits
JUNE 29, 2023
contains dozens of changes to retirement plans, but perhaps none bigger than these two: New 401(k) and 403(b) plans will be required to automatically enroll participants in the respective plans, and employee salary deferral rates will automatically escalate each year. The SECURE Act 2.0
AssuredPartners
SEPTEMBER 8, 2021
The stress from finances that people feel can have a profound effect on their overarching wellbeing – physically, mentally, and emotionally. Tip: Consider auto-enrolling employees at a 6% default rate and running a 1% or 2% challenge program each year to help them increase savings with little impact on their take-home pay.
Benefit Resource Inc.
JANUARY 3, 2022
Since we had contributed pre-tax to our HSA before birth our take home pay was lower. What to Do as Your Child Grows : Prepare your finances. When partnered with the standard 401(k) plan, you could end up with two powerful retirement funds. That made us better prepared for the income loss.
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