Posts Tagged: finance

  • Hurricane update: IRS facilitates withdrawals from 401(k)

    Hurricane update: IRS facilitates withdrawals from 401(k)

    The Internal Revenue Service (IRS) announced that participants of 401(k) plans (and other types of company-sponsored retirement plans) affected by Hurricane Harvey, are automatically approved to obtain a hardship withdrawal and/or participant loan from their 401(k) plan. This means that business owners and their employees can access their retirement monies as financial assistance for recovery

  • Report: Employees need help with financial security

    Report: Employees need help with financial security

    Watch the webinar ‘Attracting and Retaining Talent; How Benefits Programs Can Provide a Competitive Edge.’ Employees indicate that they are optimistic about their financial future, according to the Bank of America Merrill Lynch Workplace Benefits Report. Despite sustained optimism, however, many employees still have concerns about their financial security. In particular, women surpass men with

  • How employers can mitigate the financial stress impacting employee productivity

    How employers can mitigate the financial stress impacting employee productivity

    Employees are stressed about their financial situation, according to the Bank of America Merrill Lynch Workplace Benefits Report. Among those who are stressed, 53 percent say it interferes with their productivity and ability to focus at work. Stress over personal finances extends into the workplace, impacting employees’ productivity, health and overall wellbeing. Based on a

  • CEO confidence index: strong and steady

    CEO confidence index: strong and steady

    CEOs of small and mid-sized companies remain confident in the economy and their business prospects, according to the latest reading of the Vistage CEO Confidence Index. The index measured 106.9 in the first quarter of 2017, a slight increase from the 105.2 measured last quarter (Q4 2016) but well above the 91.4 reading from the

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