Employee Education

How Do You Know When It's Time for a New Retirement Plan Advisor?

As a benefits professional, the relationship you have with your retirement advisor is a crucial one. Their role is to help you navigate some of the most complicated aspects of your job. A few phrases we often hear employers use to justify sticking it out with their current advisor are (even if the relationship isn’t working): "I think my advisor does everything they're supposed to do, performing an advisor search isn't worth the effort, and we've been doing business with them for years." Relationships are important in business, but it's not always equitable with getting the best service possible and doing what's right for your organization and, most importantly – your employees?

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VIDEO: What Does ESG Investing Mean?

Alex Assaley, AIF®

Alex Assaley, AIF®

Blog Post

Have you heard of, or considered, socially responsible – or, what the industry now calls ESG, investments? These investmentvehicles have been gaining a lot of tractin this year for focus on sustainable, socially conscious, "green" and/or ethical screens for the companies they own in their portfolio (i.e. mutual fund or ETF) and also for their ability to point of potntial financial risks that can't be identifyied by typical quarterly results. They seek to consider both financial return and specific environmental, governance, and social metrics to do help investments do well by “doing good.” In this video, I sat down with Clarice Avery of Natixis Invest Managers. We talked about all the things you should know when considering an ESG investment for your investment line-up. You can learn more at Natixis’ site and ESG101.

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What’s the Future of Student Loan Benefits in the Workplace?

Finding the right employees – and keeping them – is becoming increasingly difficult for employers. Unemployment numbers are low which means employees can be more selective in their job searches. Now, more than ever, you must have the right benefits packages in place in order to win in this competitive landscape. And to attract the best and brightest young talent, you have to get creative.

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Overcoming Unique Retirement Challenges in the Non-Profit Sector

Alex Assaley, AIF®

Alex Assaley, AIF®

Blog Post

Anyone who works in Human Resources knows the positive effect offering high-quality employee benefit programs can have on a workforce. They attract the best potential candidates for new jobs and foster a sense of loyalty and support among current staff, to name a few. No matter the size or industry, administering employee benefits, particularly the retirement plan, can be a complicated process. While the same basic goal may apply to companies and organizations, non-profit organizations face unique challenges when ensuring their retirement plan benefit is the best fit for employees, as well as the organization. 

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Is Your Company Culture Attracting the Millennials' Crowd?

Kacy Reece

Kacy Reece

Blog Post

Many millennials are looking for their company’s employee benefits program to go beyond the typical healthcare and retirement plan by also addressing other key priorities, such as student loan assistance, financial education, and flexible schedules. While news headlines sometimes turned their demands into stories of “entitled” or “needy” millennials, at the core, their goals are similar to past generations - they want help to take actionable steps towards achieving a healthier lifestyle -  mentally, physically, and financially.

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The 3 Most Common Retirement Questions from Employees Answered

At AFS 401(k), our advisors are constantly in contact with employees from all income levels, educational backgrounds, and industries and we see common themes when it comes to the types of questions they are asking us. Alex Assaley, our Managing Principal, spends most of his time with plan participants helping them navigate their retirement savings. “People need help with this stuff, delivered in a down-to-earth manner that can take them from point A to point B, and let them get on with their day," he says of people's common challenges when dealing with their retirement plan. While we hear a wide variety of questions and concerns from people on a daily basis, here are the three that we hear the most: 

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VIDEO: Are HSAs the Missing Piece to Your Employees' Benefits Package?

As more organizations begin to expand their employee benefits, are Health Savings Accounts, or HSAs, a good fit for your employees? An HSA is a savings vehicle designed to assist with out-of-pocket medical expenses, but it can double as another way for your employees to save for retirement. Currently, only those enrolled in a high-deductible health insurance plan are eligible to take advantage of an HSA. Employees can use the funds to pay for qualified medical expenses such as premium payments, deductibles, copays, and prescriptions.

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State of Emergency: Your Employees "Rainy Day" Fund

As employee benefits professionals, much of your focus is probably towards ensuring employees are saving in the company-sponsored retirement plan. Participation rates, deferral amounts, and match formulas might fill your day-to-day thoughts on the financial standing of employees, and it's for good reason: An employer-sponsored retirement plan has steadfastly become the primary vehicle people in the United States use to save for their futures. 

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