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SAVING 1% MORE COULD BOOST PENSION BY 25%

Employee Benefits

This is especially true when an employer matches any additional contributions. For example, someone in their 20s, saving an extra 1% a year with their employer matching this, may be able to increase their pension pot in retirement by 25%.

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Why SECURE 2.0 Act Auto-Enrollment and Escalation Will Boost Employee Financial Well-Being

Griffin Benefits

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

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Financial Wellness Series Part Four – Build, Educate & Engage: Financial Wellness Benefits

AssuredPartners

The stress from finances that people feel can have a profound effect on their overarching wellbeing – physically, mentally, and emotionally. Build a Strong Retirement Plan Foundation Employee benefits have the power to drive employee behavior for the better. Utilize eligibility and entry dates that best suit plan demographics.

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October 17-23 is National Save for Retirement Week!

Assurance Agency

National Save for Retirement Week is intended to raise public awareness about the importance of saving for retirement. Our Small Changes, Big Impact flyer breaks down that 11-15% goal by offering tips to help employees save and showing how various savings scenarios may impact take home pay and retirement outcome.