An employer’s guide to reducing 401(k) leakage and improving employee retirement savings.
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✓ Recent trends suggest that 401(k) leakage is a serious issue threatening employee retirement savings.
✓ Key contributors to leakage include rising costs of living and heavy debt burdens.
✓ Financial wellness programs help by providing employees with a better safety net. This gives them options for emergency cash that don’t deplete 401(k) balances through leakage.
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