Video – 3 Fiduciary Action Items During Turbulent Times
- Bjork Group
COVID-19 has brought many updates, changes, and challenges, and we know the stress this can place on a plan sponsor.
Participant Infographic – Household Budgeting Worksheet
- Bjork Group
It is normal for working Americans to experience some form of financial hardship.
4 Qualified Plan Tax Advantages for Employers
- Bjork Group
By choosing to offer your employees a 401(k) plan, you’re sending a powerful message — that you’re invested in their future and committed to helping them work towards financial security in their retirement.
Plan Sponsor Guide - 401(k) Matching Formulas that could Boost Participation without Breaking the Budget
- Bjork Group
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Offering a retirement plan shows your employees that you are committed to helping them save for their future. A matching formula is a great way to give a little bit more to your employees and increase contributions!
Pros and Cons of Taking Coronavirus-Related Distributions from Retirement Savings
- Bjork Group
The COVID-19 pandemic has undoubtedly shaken our economy to the core. Many businesses have struggled to keep their doors open which has caused unemployment claims to soar. Record unemployment, coupled with a U.S. society that has an average household savings account of about $8,800[1], has many people looking to their retirement savings as a “piggy bank” for necessary funds to keep their heads above water.
5 Ways Total Rewards Can Help Recruit Top Talent
- Bjork Group
A good total rewards program helps you attract and retain the best possible talent for your organization. Add a great workplace culture and environment and you could be on your way to becoming an employer of choice among job-seekers.
Q3 2020 News and Information for Employers
- Bjork Group
The first half of this year has been like nothing we have ever seen before --from record high employment to record unemployment, stimulus packages, the CARES Act, and of course the pandemic itself!
American's Drowning in Debt: What Employers Can do to Help
- Bjork Group
How can you help your employees that are drowning in debt, save more today?
Savings Best Practices for Employees
- Bjork Group
We’ve all heard the golden rule of personal finance, “Pay yourself first.” It means putting money into savings before you do anything else. Your plan participants often need a light nudge to go the extra mile to save, and we’re here to help!
Is your retirement plan getting the support it needs during this pandemic?
- Bjork Group
If you’re having difficulty with all of the changes and to-dos regarding COVID-19 and how you manage your plan, you’re not alone!