PRINTER FRIENDLY VERSIONAs a business owner, there are 3-steps to increase 401k plan employee engagement.
I get it! The last thing that most employees want to do is talk about retirement. It seems so far into the future that it does not connect with their current priorities. It is also frustrating that you spend so much time managing something not taken advantage of by the people it means to serve.
Again…I get it!
Here are three simple steps to increase engagement amongst your staff:
Connect to Their Current Situation:
Retirement is such an exoteric concept, and most people underestimate what their needs will be in the future. $500,000 sounds like a lot of money. But what if I told you that a $500,000 account balance would safely support a $25,000 per year income replacement? Holy cow!