A key part of attracting and retaining quality employees is offering a valuable employee benefits package that meets their wants and needs, and a key part of employee benefits offerings is the retirement plan. As an employer, offering a 401(k) shows you are concerned about your employees’ future and have established a vehicle to help them prepare for their financial security after their working years. That being said, any retirement plan being offered is rendered useless if the employees aren’t actually participating in it. These blog posts discuss various concerns surrounding retirement, including the push for phased retirement, the keys to proper retirement plan education, and more. Located in the Greater New England region, we at Navigate PEO want to help your business perform better, and we can help with all your retirement needs. Look no further for the latest tips and tricks to help you offer the best retirement benefits to your employees.
Traditionally, the Social Security’s full benefit retirement age has been 65 years old, but that number is slowly increasing. Currently, the full benefit age is 66 for people born between 1943-1954, and will gradually rise to 67 for those born in 1960 and later. That...
Every 401k investor hopes to make a return. That doesn’t mean everyone has the same reasons for participating in a plan. Whereas employees on the higher end of the pay scale may be looking for ways to enhance their wealth, those toward the lower end are often making...
Retirement plans are an important benefit to help attract and retain employees. As an employer, offering a 401(k) shows you are concerned about your employees’ future and have established a vehicle to help them prepare for their financial security after their...
Running a small business is inherently challenging. Daily, you are faced with issues that can impact the growth, profitability, and success of your business; and seemingly small decisions can have tremendous implications. While large corporations have sufficient...
Any fan of baseball probably knows that David Ortiz- “Big Papi”- of the Boston Red Sox recently retired. Well, as Big Papi prepares for his “golden years” at least he won’t have to worry about his finances. While the top, multi-year, mega million dollar...
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