Episode Details

We’re diving into retirement, this time with Vice President and General Manager for Betterment at Work, Kristen Carlisle. Hear as she talks with host Gene Marks about the importance of offering a retirement plan to your employees, how student loans are impacting how employees save for their future, the SECURE Act 2.0, employee financial wellness, and much more. 

Topics Include:

00:14 – Introduction to Kristen Carlisle 03:13 – The benefit of retirement plans for business owners 04:41 – The importance of benefits in attracting and retaining talent 05:18 – The cost of a employees not saving enough for retirement 06:17 – The impact of student loans on saving for retirement 07:46 – The positive aspects of SECURE 2.0 08:27 – Making benefits more accessible to small businesses 10:39 – Automatic enrollment in 401(k)s 11:49 – Tapping into retirement funds for emergency funds 14:17 – What Betterment at Work does for customers 16:52 – Matching your employees’ contributions to 401(k)s 19:51 – Perspective on Pooled Employer Plans (PEPs) 22:38 – Supporting your employees’ financial wellness 16:27 – Wrap up                                                                          

Learn more about the SECURE Act 2.0 www.paychex.com/articles/compliance/secure-act-changes.

Read more about retirees rejoining the workforce at www.paychex.com/articles/human-resources/retirees-rejoining-the-workforce.

 Discover the benefits of a financial wellness program at www.paychex.com/articles/employee-benefits/how-employee-financial-wellness-program-benefits-small-business.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.