Compensation Strategies Group, Ltd.
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|Is the Plan Design Meeting Your Client's Goals?|
Aug. 24, 2021
"[If] an employer's goal is to optimize tax credits and increase savings opportunities, their ideal plan design might include a Safe Harbor plan. For employers who want to increase the competitiveness of their retirement plan in order to enhance recruiting and retention efforts, an effective plan design could incorporate matching contributions, emergency savings accounts and managed risk-based portfolio investment options to help employees better allocate their retirement assets and improve savings outcomes."
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