Plan Sponsor Guide: Missing Participants End of the Year Clean Up
December 15, 2020
Have your former employees turned into missing participants? Follow these best practices to help clean up your retirement plan by the end of the year >> Download the Guide
Northeast Benefit Services Inc.
Participant Infographic: Seeking Finding and Consolidating Your Accounts
December 15, 2020
Having all retirement savings in a single account can make participants life so much easier! Help your participants locate and consolidate their 401(k) accounts, share this infographic >> Download the Infographic
Northeast Benefit Services Inc.
Q4 2020 Lift Retirement Newsletter
December 15, 2020
With 2021 approaching fast, it is time to start thinking about end-of-year initiatives to thrive in the “new normal” and keep your company’s retirement plan on track. Check out our Q4 2020 Lift Retirement Newsletter >> Download the Newsletter
Northeast Benefit Services Inc.
Why It’s Important to Review, Refresh and Revise Retirement Plan Documents
December 1, 2020
You likely recognize the importance of seeing your doctor for an annual physical to keep your health in tip-top shape, or taking your car in for routine maintenance to keep it running like new. But what about checking the health of your retirement plan? When is the last time you reviewed your retirement committee charter, […]
Northeast Benefit Services Inc.
Tracking Down Your Missing Participants
November 1, 2020
If you have terminated participants with balances in your 401(k) plan, some of whom you can’t locate, you’re not alone; missing participants are an industry-wide problem. What is a missing participant? A missing participant is a former employee who has left funds in a qualified retirement plan (ex. 401(k) plan) at their former employer but […]
Northeast Benefit Services Inc.
Staying the Course Through Volatile Markets
October 1, 2020
Turbulent times can bring turbulent markets. Many factors cause chaotic swings in the investing world including housing bubbles, political elections, international instability, and as we have seen recently, a global health pandemic. Despite the financial queasiness this can have, experts consistently have one piece of advice for investors: stay calm and stay the course. Maintaining […]
Northeast Benefit Services Inc.
4 Qualified Plan Tax Advantages for Employers
September 1, 2020
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. As a business owner, you can also benefit from setting up a retirement savings plan. Not only does it provide you with […]
Northeast Benefit Services Inc.
Pros and Cons of Taking Coronavirus-Related Distributions from Retirement Savings
August 1, 2020
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 […]
Northeast Benefit Services Inc.
5 Ways Total Rewards Can Help Recruit Top Talent
July 1, 2020
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. What is a total rewards program? A total rewards program is adopted by a company that […]
Northeast Benefit Services Inc.
5 Steps to Create a Financial Wellness Program
June 1, 2020
In today’s economy, Americans are worried about their finances, and it spills over into every aspect of their lives, even their work. Let’s look at this for a minute and you’ll see why having a financial wellness program for your employees is a good thing. Why Have a Financial Wellness Program for Your Employees? A […]
Northeast Benefit Services Inc.
The Link Between Employee Productivity, Health, and Financial Stress
May 1, 2020
If you think financial wellness programs are a fad, think again. The industry consensus is that financial wellness not only produces results for employees, but it positively influences company bottom lines. That’s good news for a number of reasons, especially for the juggernaut of financial stress in the workplace. A recent study found that nearly […]
Northeast Benefit Services Inc.
Four Ways to Help Reduce Financial Stress for Your Employees
April 1, 2020
Employee financial stress is a hot topic. So much so, that nearly 60% of employees cite finances as their primary stressor. [1] Their financial worries surpass other top stressors, and it’s impacting their job performance. Research shows financially stressed employees are less productive and more distracted at work. They also have higher rates of absenteeism […]
Northeast Benefit Services Inc.
