Employee Participation

It's an ideal time to focus on promoting financial literacy and helping employees understand the various long-term savings tools that may be available to them beyond a 401(k), such as an IRA, HSA, and FSA.

September 6, the Friday after Labor Day, is 401(k) Day, a time for employers to focus on financial wellness and empowering employees to take charge of their financial futures – and encouraging them to take advantage of employer matching contributions.

The FTC's final noncompete rule was challenged via lawsuits filed in different federal courts around the country.

Fertility and adoption support are advantageous in attracting and retaining talent as well as supporting employee wellbeing.

The law's student loan matching provision has received high adoption rates from plan sponsors, says Ron Ulrich, ADP's VP of Retirement Services, who discusses key 2024 and 2025 provisions that employers need to take advantage of.

Remember, supporting the mental health of your coworkers is not just a best practice – it's a necessary investment in the long-term wellbeing and success of your organization.