matching

How Resuming Student Loan Payments Affects Sponsors
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
As of August 29, 2023, student loan payments have returned after a 3-year pause. What does this mean for plan sponsors? As employees prepare to, once again, deal with the financial burden of student loans, sponsors have an opportunity to help lessen the load and ensure retirement contributions don’t fall by the wayside. One way  Read More →
Take Advantage of Your Company’s Retirement Plan Matching Program
Team SummitEmployee Financial Resource CenterComments are off for this post
Many employers now offer at least a small retirement plan match to employees, who can help manage their financial wellness by taking advantage of this offer. Even if your employer only matches a small percentage, you’re losing money by not participating. But before you sign up for your company’s retirement plan, it’s important to know  Read More →

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