We help make complex retirement plans simple.
Employer retirement plans of all kinds, including 401(k)s, have increasingly become seen as the holy grail in the world of retirement benefits. If employers offer a retirement plan (especially if there's a match), then employees will save, and they will be able to happily retire when they want...or at least that's the intent. Overall, while there are many reasons that Americans struggle with saving enough for retirement, even if they have access to a plan through work, there is another benefit that can provide an extra boost from employers: Health Savings Accounts.
"In what ways will Baby Boomers working longer have an impact on today's workplace?"
Alex Assaley answers this and more on the most recent episode of WorkXo's Culture Chat podcast. At a time where multiple generations with varying characteristics are working together, it can be challenging to form a workplace culture where all needs are met.
It's no secret that financial literacy is not a strong skill for many Americans. In a recent study, it was noted that nearly two-thirds of adults couldn't pass a basic financial literacy test. That fact is not too surprising when you consider that currently, only 4 states require students to take a personal finance class in order to graduate. With rising student loan debt, increases in the cost of living, and medical costs continuing their upward trajectory, how can we get a handle on our financial lives?
We want to help companies and employees take these complex retirement plans and make them simpleAlex Assaley Employee Benefit Adviser
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