A complimentary webinar series for benefits and HR professionals
We are pleased to present the final program in a series of five lunch-hour webinars examining the latest legal developments and trends affecting employee benefit and executive compensation programs.
This session will include a review of recent developments affecting retirement plans with a focus on the IRS Employee Plans Compliance Resolution System (EPCRS), hardship distribution and proposed regulations, student loan contribution programs and other important developments….(read more)
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On September 26, 2019, employees at a local company gathered for a Brown Bag Benefits Briefing to discuss updates to the company’s retirement plan. The meeting was informative and provided valuable information for employees to help them plan for their futures.
One of the key updates shared during the briefing was an increase in the company’s contribution to employees’ retirement accounts. The company announced that it would be matching employee contributions up to a certain percentage, giving employees the opportunity to increase their retirement savings and better prepare for their golden years.
In addition to the increase in contributions, employees were also informed about changes to the investment options available in the retirement plan. The company had reviewed and updated the investment lineup to ensure that employees had access to a diverse range of investment options that aligned with their individual financial goals and risk tolerance.
The briefing also touched on the importance of regularly reviewing and reassessing retirement goals and contributions. Employees were encouraged to take advantage of tools and resources provided by the company to help them track their progress towards their retirement goals and make any necessary adjustments to their savings plan.
Overall, the Brown Bag Benefits Briefing was a valuable opportunity for employees to learn more about their retirement plan and make informed decisions about their financial future. By staying informed and actively participating in their retirement planning, employees were able to take steps towards a more secure and comfortable retirement.
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