TIFIN @Work is a game changer for retirement plan advisors. If you're looking to stand out, enhance your effectiveness in connecting plan sponsors with their employees, and engage plan participants at scale, this is a must-see! #retirementplans #wealthmanagement #NAPA
Advisors, ready to up your retirement game? TIFIN @Work is shaking up the retirement and benefits planning space. We have your competitive edge! https://hubs.la/Q02Nkzrc0
With financial stress having long-term implications for employees and employers, financial wellness programs are a vital part of the overall retirement plan offering discussion. https://lnkd.in/g_mD2igr
Retirement Plan Advisor | Financial Advisor | 401k Fiduciary | Colorado-Wyoming Employee Benefits Advisor | LION
With financial stress having long-term implications for employees and employers, financial wellness programs are a vital part of the overall retirement plan offering discussion. https://lnkd.in/gH8Bdq6P
With financial stress having long-term implications for employees and employers, financial wellness programs are a vital part of the overall retirement plan offering discussion. https://lnkd.in/edpsCXq2
Taking care of employee financial wellness is vital, so offering accessible resources like retirement planning support and savings tips can make a real difference. When employers acknowledge financial challenges and provide the right tools, it demonstrates their commitment to employees' financial well-being.
With financial stress having long-term implications for employees and employers, financial wellness programs are a vital part of the overall retirement plan offering discussion. https://lnkd.in/es-AWEjq
With financial stress having long-term implications for employees and employers, financial wellness programs are a vital part of the overall retirement plan offering discussion. https://lnkd.in/e8rJJSx3
Is your company’s retirement plan structured for long-term employee success? A well-structured retirement plan isn't just a benefit; it is a requirement for your employees' financial wellness. In this brief commentary, we highlight the best practices for companies to follow for their employee planned benefits, including: ✅ Automatic Enrollment ✅ Employer Contribution Structure ✅ Retirement Match ✅ Professional Investment Advice In this commentary, we briefly cover what companies can do to enhance employee financial wellness, increase participation and decrease employee turnover. https://lnkd.in/e25C2mZv #FinancialWellness #RetirementPlanning #EmployeeBenefits #HRManagement
Helping CPAs, Payroll Partners, Financial Advisors, and Benefit Brokers deliver the easiest and most affordable retirement plans to their clients!
Understanding your retirement plan participants is key to helping them improve their financial wellness. By doing so, plan sponsors can tailor their benefits to support the needs of their unique workforce.
CEO and Founder of Nav.it // Executive, Speaker, Financial Health, Behavioral Health @letsnavit // Helping everyone build a future of health and wealth.
Financial Wellness is NOT retirement planning. We keep hearing financial stress is the number one concern of HR teams this year. However, to combat this, HR teams have made the mistake of confusing financial wellness programs with retirement planning. Financial stress is a daily, in the moment, issue that impacts employees lives today, tomorrow, and right up to the day they get paid. They get paid and it starts all over again. Their stress is dervived from the feeling or the reality that they don’t have enough at the end of the month to save, invest, or achieve their mid- to long- term goals. It is personal, impacted by family, and often affected by financial knowledge and habits. It cannot be solved by 401ks or EAP. 401ks solve the financial stress of people in 20 to 30 years. It does not put food on the table of employees today. EAPs are important emergency resources that can cover a crisis in mental health, family, addition, etc. They are experts in emergencies and mental health support - very few strategically focus on improving the daily financial stress of employees. Financial wellness is not 401ks or EAP, but it IS services like Nav.it that meet employees where they are right now. Are they spending more than they earn? Let’s review and control expenses to incentivize them to spend less and build a savings habit. Are they maximizing all the amazing benefits HR teams spend a lot of time choosing and managing for them? Let’s help match their current expenses with reimbursements and paid subscriptions from their employer (hello, Spotify and Peloton). Do they have bad credit that significantly increases their cost of living or prohibits them from safe housing access? Let’s get them signed up to a credit builder that could increase their credit by 30 to 90 points within a few months. Financial wellness is not a 401k or EAP, it is a program like Nav.it that actually improves the finances of employees TODAY, so they can stop living in stress and actually afford to put money into their 401k future. #financialwellness #financialhealth #hr #humanresources #benefits Maia Monell Heidi Peterson Horan Victoria Kenyon Diana Butler Buxton Dan Colarchik
It may be surprising to learn that just half of Americans have tried to calculate how much money they'll need in retirement. Less than a third of them feel comfortable having the necessary savings when they retire, according to the 2024 Retirement Confidence Survey from the Employee Benefits Research Institute. Please share these and other credible resources with plan participants. If your retirement plan doesn't offer such resources, consider one that does. Achieving financial wellness is crucial for employees and for the health of your business.
