Why Educating Employees About Retirement Plans Is Critical
Encouraging retirement savings is a leader's responsibility.
When it comes to 401(k)s and retirement plans, 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 paperwork and walk away.
Seminars and classes 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.
Entrepreneur Editors' Picks
-
James Dyson Created 5,127 Versions of a Product That Failed Before Finally Succeeding. His Tenacity Reveals a Secret of Entrepreneurship.
-
7 Meaningful Ways Your Business Can Honor Memorial Day
-
Breast Implants Left This Founder With Debilitating Symptoms, So She Launched an Intimate-Apparel Line That Goes Beyond Buzzwords
-
Kids in the Hall's Bruce McCulloch Says TikTok Is the New Punk Rock
-
'I Am Not a Diversity Quota,' Says the Founder Disrupting the Dessert Category
-
Memorial Day Is a Time for Remembrance, So What's With All the Mattress Sales?
-
Pharrell Williams, Contemporary Artist Nina Chanel Abney and Brand-Builder Shaun Neff Announce Launch of Game-Changing NFT Platform