Why Educating Employees About Retirement Plans Is Critical

Encouraging retirement savings is a leader's responsibility.

Free Book Preview: Coach ’Em Way Up

Discover how to be an influential mentor through tips and advice based on the teachings of respected basketball coach John Wooden.
Chairman and CEO, First Western
1 min read
Opinions expressed by Entrepreneur contributors are their own.

When it comes to 401(k)s and , it’s important to help your employees out as much as possible. Make sure they take the time to learn how the plans can have a positive and outsized impact on their lives down the road.

But, don’t make it too easy. Don’t just hand them brochures and and walk away.

Seminars and can be very helpful, but make sure they are relevant to younger workers in both content and delivery.

Think about how technology can help these employees learn how money grows. It will become one of the most important lessons they ever learn.

Related: Think You Can Just Sign up Your Company for a 401(k) and Forget About It? Think Again.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Amplify your business knowledge and reach your full entrepreneurial potential with Entrepreneur Insider’s exclusive benefits. For just $5 per month, get access to premium content, webinars, an ad-free experience, and more! Plus, enjoy a FREE 1-year Entrepreneur magazine subscription.
Entrepreneur Store scours the web for the newest software, gadgets & web services. Explore our giveaways, bundles, "Pay What You Want" deals & more.

Latest on Entrepreneur