With SECURE 2.0 signed into law, featuring new auto-enrollment requirements, retirement advisors can help prepare payroll systems for the new regulations, otherwise employers will face the possibility of fines.
With student loan payments resuming Oct. 1, many employers are stepping up to provide guidance and counselor tools or offer one-on-one financial coaching sessions – or even student loan matching for 401(k) plans.
"When it comes to reviewing global benefits benchmarks and requirements, global HR teams should be conducting research at least one per year to ensure polices are still compliant and updated," says Katherine Loranger.
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