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How the CARES Act Affects Defined Contribution Retirement Plans

The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) offers new rules for loans and distributions made during the 2020 calendar year:

Employees taking advantage of their company's education stipend

4 Reasons to Offer Employees an Education Stipend

Learning new things is one of the best ways we can grow—both as individuals and professionals. Just as teachers encourage their students to learn new things, managers should encourage their direct reports to do the same. But while most companies want their employees to pick up new skills, few actually invest in professional growth.

Effective Ways to Reduce Retirement Plan Expenses During Uncertain Times

There is not much written about how retirement plan sponsors should weather situations like the one we’re facing now, mostly because these are unprecedented times. However, the virus that’s causing a meltdown on Wall Street shouldn’t create a meltdown in your office. Knee-jerk reactions like eliminating all equities or terminating a plan altogether can have far reaching consequences. While the ideal outlook is to stay the course, we recognize that not all companies are in the position to do so. So what are the most effective options for sponsors looking to their 401(k) or 403(b) plans as a way to manage costs?

3 Reasons Your Mid-Sized Business Should Offer a Retirement Plan

Unlike your grandparents, you'll likely be fully responsible for your retirement. Yet, according to a recent report from SCORE, retirement plans are only offered by 28 percent of businesses with fewer than 10 employees and 51 percent of businesses with 10 to 24 employees. 

The Impact of Furloughs on Employee Benefits

COVID-19 and the subsequent changes to how we conduct business have drastically changed the world of work for people around the globe. 

These changes include daily updates and adjustments to how employers offer healthcare—not to mention the need to make difficult financial decisions to mitigate negative impacts on their business and employees.

Managed Benefits in Real Life: Kevin Cassata

At Namely, one of the ways we help our clients build a better workplace is by transforming their benefits experience. And that wouldn’t be possible without our expert Benefits Advisors.

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6 Creative Benefits for Non-Profits that Won’t Break the Bank

Budgets are tight—but attracting top performing talent is one of your biggest goals of the year. And today’s jobseekers expect more than ever from potential employers.

Benefits can make or break your non-profit when it comes to recruiting and retaining employees. According to Glassdoor, 60% of people report that benefits and perks are a major factor in considering whether to accept a job offer. And 80% of employees would choose additional benefits over a pay raise.

How HR Technology Can Help You Build The Perfect Benefits Package

How HR Technology Can Help You Build The Perfect Benefits Package

Today’s workforce has high expectations when it comes to employee benefits. Top talent expects more than just basic medical, dental, and vision coverage. Fertility benefits, flexible scheduling, student loan reimbursement, child care assistance, and more—many employers are turning to eye-catching voluntary benefits to attract job candidates and keep employees engaged. 

Managed Benefits in Real Life: Lizzie Levitt

At Namely, one of the ways we help our clients build a better workplace is by transforming their benefits experience. And that wouldn’t be possible without our expert Benefits Advisors.

Managed Benefits in Real Life: Nicholas Beckman

At Namely, one of the ways we help our clients build a better workplace is by transforming their benefits experience. And that wouldn’t be possible without our expert Benefits Advisors.