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SAVING 1% MORE COULD BOOST PENSION BY 25%

Employee Benefits

The cost to the employee of this increase in contribution is a reduction in take home pay of less than £12 per month (£136pa). The impact on the employee’s pension pot is that the estimated pension pot value at retirement is increased by 25%, from £99,341 to £124,177.

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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

401(k) 52
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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

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. Personal finance concerns, such as debt, budgeting, or managing expenditures can get in the way of saving for retirement.

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The Outsized Impact of Employee Ownership on Company Culture

TalentCulture - Employee Benefits

There are multiple reasons why, including higher-quality jobs, better retirement packages, and more robust benefits. For many employee-owned businesses, a significant advantage comes from increased take-home pay and better wages overall. Let’s look closer at several of these outcomes: 1. years, compared to only 3.4

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