Expert Opinion

With the recent passage of SECURE Act 2.0 and the IRS' release of substantially higher contribution limits for 401(k)s, small employers are only just beginning their journey to design and offer robust retirement benefits.

The future of work requires that all leaders make learning and development a top priority in order to develop employees for meeting the ever-changing "new normal" of the business world.

HSA investing works like a 401(k) because an employee can select a variety of retirement savings solutions, such as target date strategies and low-cost investments. Net result: HSA is supplemental retirement income.

Once you identify a target firm and internal contacts, figure out who can help to increase your chances of getting in and getting an appointment.

Companies need to highlight benefits offerings, provide attractive growth opportunities, and offer built-in flexibility that's largely become an expectation among candidates.

While the latest DOL ruling on ESG implementation in retirement plans is an enormous step forward, more guidance is needed. However, there are several approaches and options that are essential for plan sponsors to keep in mind.