Health Insurance and Retirement Savings
It is crucial for employers to stay informed about health insurance and retirement savings that can impact experienced employees. Employers with offerings that help employees maintain and improve their health demonstrate that they care about their employees' physical and financial wellness. Getting a conversation started about health lets employees know that you value them and understand the challenges of balancing staying healthy and appropriately preparing for retirement.
Assess Health Insurance and Retirement Savings at Your Company
Take a Self-AssessmentSteps To Success
5. Develop a plan to offer experienced employees high value benefits.
Example: Identify what organizational category matches your business and what steps for retirement savings you can pursue.
Resource: Savings Matters
6. Offer experienced employees supplemental health insurance health benefits.
Example: Allow employees to purchase disability, health, and/or long-term care coverage at group rates.
Resource: Benefits of Long-Term Care Insurance
7. Offer different forms of retirement savings.
Example: Examine how your organization could offer varied options for retirement savings.
8. Implement an automatic enrollment plan to assist in building their retirement savings.
Example: Offer an automatic enrollment into a 401(k) or similar retirement plan.
Resource: Automatic Enrollment & The IRS
Resource: Colorado Secure Savings Program