There are few things as stressful as looking for a new job. Resumes need to be sent out, interviews to be had, thank you cards to be sent, the list goes on, but that stress doesn’t always end once you get hired somewhere.
While getting that phone call confirming that you’ve been hired is quite a relief, there are a few more things to be done now that you have a new job. Every job as a different way of dolling out benefit packages vacation time and 401(k) plans, and all of it can be a bit confusing, but that’s what the people here at Employees Only are for.
It’s never too late to beginning planning for your future, which is why we wanted to explain exactly what a 401(k) and why it’s important. In short, a 401(k) is a retirement that you, as an employee, contribute to out of your wages. In some cases, whatever an employee contributes to a 401(k) is matched by the employer. These types of plans are important for your future because over time, you’ll ideally be able to create a financial safety net.
Employees Only isn’t just a team of experts in 401(k) plans, though, we’re also a provider. We offer more than 50 options for companies to choose from. We can custom-tailor a program on an individual company basis, allowing companies to choose the option that is best for them.
If you have questions about 401(k) plans, as an employee or employer, please contact the human resources professionals at Employees Only today.