Do you know how much your 401(k) participants should save per year?
Participants needs guidance when it comes to preparing for retirement, and they often look to their employers, HR department, and company retirement plan committee for direction – that would be you!
Information your plan participants should know includes the importance of saving sooner rather than later, what is compound interest, and how it can benefit them. Need some help explaining? Download our participant guide, “The Power of 1%” to educate and inform participants on how their retirement savings has the potential to grow over time.