Is it Time to Consider New Plan Design?
You may have heard about a “cash balance plan” and wondered whether it would be something advantageous for your business. A cash balance plan operates differently from other types of traditional retirement plans in that it combines features of both defined benefit and defined contribution plans. Technically, a cash balance plan is classified as a defined benefit plan, which means it is subject to minimum funding requirements. Likewise, the investment of cash balance plan as
Plan Sponsor Need to Knows for Q2: Financial Wellness
Financial wellness has many components that can affect and benefit your workplace. This quarter, our newsletter highlights three engaging topics with insights on the many ways you can incorporate financial wellness into your workplace with the goal of improving retirement outcomes! What are ESG Funds and Should They Be Considered? Health Savings Accounts How to Think About the ROI of a Financial Wellness Program Quarterly Retirement Newsletter >>