Employer Looks to Improve 401k Loans: Sound Familiar?

Employer Looks to Improve 401k Loans – Sound Familiar? Many employers, especially in the retail and hospitality industries, struggle with loans from their 401k plan which can become contagious. So should we just eliminate them or are there other less drastic solutions?

Hear from the benefit’s manager of a 20,000 employee company that found some answers at TPSU’s program held at SMU in Dallas and what changes she plans to make.

For anyone struggling with loans by employees in 401k and 403b plans, you need to watch this engaging and short video to help redesign your plan and better serve your workers.

x

Check Also

Retirement Plan Committee Helps Manage Fiduciary Responsibility.

Retirement Plan Committee Helps Manage Fiduciary Responsibility

Retirement Plan Committee Helps Manage Fiduciary Responsibility Retirement plan committee meetings on a periodic basis will help fiduciaries to make prudent decisions.  The retirement plan committee should operate according to written rules which describe the processes the committee members should ...