savings

Don’t Skip the Match! [Infographic]
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
If your organization offers an employer match within your retirement plan, don’t let this free money pass you by! These additional contributions could significantly help grow your retirement savings. By not maximizing the company match, you are leaving money on the table every year. Check out our case study below which illustrates just how much  Read More →
Loss Aversion and Fighting Fear
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
Loss aversion sounds like a good thing — trying to avoid losing. What could be wrong with that? Unfortunately, if taken too far, it can actually be a threat to retirement plan participants’ long-term financial health. Loss aversion is the tendency to prefer avoiding potential losses over acquiring equal gains. We dislike losing $20 more  Read More →

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