401(k) Matching Formulas that could Boost Participation without Breaking the Budget
Offering a retirement plan shows your employees that you are committed to helping them save for their future. A matching formula is a great way to give a little bit more to your employees and increase contributions!
There are many matching formulas that can boost contributions and won’t break your bank or budget. Here are three to consider:
In this guide, you will gain insights about these three formulas, their advantages and eligibility requirements.
Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.