In a recent roundtable of 401k plan sponsors, they were asked about 7 initiatives for their 401k and for their employees.

Here’s how they rated them from green, yellow, and red:

  • Green: Definitely looking into it
  • Yellow: Yes, but not a priority
  • Red: Not right now

The 7 Initiatives are:

  • Financial wellness: green
  • Student debt matching contributions: yellow
  • Emergency savings accounts: red
  • Health Savings Accounts: green
  • Target date funds: bright green
  • Managed accounts: yellow
  • ESG Funds: red

Do you feel the same way for your company?

  • Is your advisor or broker helping you explore these initiatives?
  • Is your current advisor or broker providing the right guidance and advice to you and your employees?

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Let’s discuss some ideas and develop a strategy to help you and your employees.

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