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Help SMB Employers Improve Retirement Readiness

Extensis

Quick look: It’s National Retirement Security Month, making it the perfect time for brokers to equip clients with the tools and resources needed to help their employees plan for a secure financial future. Retirement is a hot topic for all staff. workers is reaching retirement age. workers is reaching retirement age.

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30+ Professional Employer Organizations (PEOs) Statistics: Business Trends

HR Stacks Blog

Professional Employer Organizations (PEOs) are an important part of modern business to streamline and scale operations. Since this survey was done in 2019, there’s a chance that the figures now differ slightly. PEOs and very effective in managing all HR-related aspects be it operations or regulations.

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The Top 3 Benefits of 401(k) Plans for Employers

Extensis

Quick look: 401(k)s are the most popular retirement plans in the U.S. Here, we explore the many potential benefits of 401(k) plans for SMB employers, including improved employee retention rates, more successful recruiting, and decreased tax liability. When people think of a retirement savings plan, many think of a 401(k).

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DOL Proposal Can Help Small Employers Offer Retirement Plans, But Risks Remain

HR Daily Advisor

Department of Labor (DOL) is proposing a mechanism to help small businesses offer retirement plans to their employees, but although the proposal may ease the way for some employers, it doesn’t eliminate all complications. There is no turnkey approach that insulates the employer from all risk and responsibility,” Lacey says.

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SECURE 2.0 Act and the Retirement Situation

Prism HR

Nowadays, there are a lot of people who aren’t feeling very secure about their retirement. So let’s talk about that retirement situation. It’s not so great if people are continuing to work longer simply because they are concerned they won’t be able to afford to retire comfortably. of those people being 65 and older.

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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

workers better prepare financially for retirement, at every stage of their employment journey. workers who have not been able to save enough money to retire have delayed their transition into this next stage of life because of current economic conditions and record-high inflation. employer-sponsored 401(k) plans.

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SECURE Act 2.0 Details: Key Takeaways for SMBs (and Brokers)

Extensis

The Act includes a variety of features designed to help Americans save for retirement and assist SMBs in offering retirement savings plans to their employees. Here are the major changes employers and brokers can expect. It’s an exciting time for benefits professionals: Congress has shared the final SECURE Act 2.0