young employees working on project According to E-Trade's most recent edition of StreetWise, 6 out of 10 young investors cite student loan debt as the first or second largest obstacle to saving for retirement. (Photo: Shutterstock)

Most companies offer a retirement savings plan, which is great, but just like a gym membership, simply having access to a plan is not enough – younger employees have to take full advantage of it.  When employees are in their 20s, retirement is likely not front of mind. But this is, in fact, the BEST time for them to not only think about retirement, but to begin building up savings for retirement.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.