Financial education can help employers' bottom lines

June 2009
Employee Benefit News;Jun2009, Vol. 23 Issue 7, p45
The article suggests the importance of a defined-contribution (DC) retirement plan and an employee financial education program as integrated components of a human capital strategy. A DC plan without a financial education is said to fail, while a financial education program in the absence of a DC plan is expected to underperform. It lists the components of both a DC plan and a financial education program that human resource (HR) and benefits professionals should analyze, including enrollment. It also discusses the variables for any successful DC plan.


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