Employee Outcomes

What is a Recession and What Does It Mean for Markets?
Team SummitEmployee Financial Resource Center, Employee Outcomes, Employer Resource Center, Financial Planning, Investment Management, Plan Investments, Retirement PlanningComments are off for this post
As the seasons change and the days get chillier, market trends are calling “doom and gloom” in the economy. Some argue that a recession is inevitable if not already here. What exactly does this mean and what should Americans do if, in fact, we are in a recession? What is a recession? Is the U.S.  Read More →
Match Matters Most: How Does Yours Stack Up?
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Just how important is a 401(k) match to your employees? It appears to be top of mind, according to Principal’s 2021 Retirement Security Survey. The study’s results show that the match matters most, as the top retirement plan considerations of survey participants when considering a new job are as follows: employer match (91%), eligibility requirements  Read More →
Helping Employees Pay Down Student Debt
Team SummitEmployee Outcomes, Employer Resource Center, Plan Operations & AdminComments are off for this post
The ever-growing burden of student loan debt looms menacingly over many Americans, crippling their ability to save for retirement and other financial goals. According to Bankrate, around 60% of Americans who have student debt have delayed saving for major milestones because of it. While young people bear the most debt, they’re not the only ones  Read More →

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