Expert Opinion

A well-executed financial awareness training program offers all the knowledge, tools, and resources employees need to take control of their financial future and ease their stress.

A realized gain from the sale of stock is not taxed the same as a paycheck. Emphasizing education, diving into the details, and pointing toward additional resources can help smooth out the tax season experience for your top talent.

Even in inflationary times, the strategy employers – and the benefit plan professionals supporting them – often deploy is raising employee awareness of how the company is providing a match, but ongoing financial education is needed.

Employers are in a unique position to help accelerate the positive momentum around mental health by implementing impactful programs and building a culture that makes it ok to ask for help.

These six provisions highlight how 401(k) plans will be increasingly serving additional holistic purposes, such as emergency savings, student loan matches and penalty-free withdrawals for domestic abuse victims.

For small business owners, there are new rules for 401(k)s, incentives to create new plans and tax breaks that you should be aware of.