What Role Does HR Play in Offering Retirement Benefits?

Did you know HR is often the plan administrator for their workforce’s retirement benefits? Let’s cover what that means for employers and how HR can strategize this part of their role to empower employees to plan for their future—without adding too much work onto HR’s plate.&nbsp;&nbsp;Payroll + HR + Benefits in an all-in-one solution. Request a BerniePortal demo today!https://www.bernieportal.com/get-a-demo/Find us at https://www.bernieportal.com/hr-party-of-one/BerniePortal: The all-in-one HRIS that makes building a business &amp; managing its people easy.&nbsp;http://bit.ly/2NEQ5QbWhat is an HRIS?https://www.bernieportal.com/hris/BernieU: Your free one-stop shop for compelling, convenient, and comprehensive HR training and courses that will keep you up-to-date on all things human resources.&nbsp; Approved for SHRM &amp; HRCI recertification credit hours. Enroll today!https://www.bernieportal.com/bernieu/Join the HR Party of One Community!https://www.bernieportal.com/community/▬ Contents of this Episode&nbsp; ▬▬▬▬▬▬▬▬▬▬00:00&nbsp; Intro01:08&nbsp; The Two Types of Plans SMBs Should Use&nbsp;01:56&nbsp; Simple IRAs02:35&nbsp; Why 401(k)s Are Your Best Option04:44&nbsp; Hardship Withdrawals07:44&nbsp; Retirement Benefits Platforms - What to Expect09:54&nbsp; HR’s Role in Streamlining Benefits11:21&nbsp; Final Thoughts▬ Episode Resources &amp; Links ▬▬▬▬▬▬▬▬▬▬SECURE 2.0 Mandates Automatic Enrollment in 401(k)s &amp; 403(b)shttps://blog.bernieportal.com/secure-2.0-mandates-automatic-enrollment-retirement-plans401(k) &amp; FSA Contribution Limitshttps://blog.bernieportal.com/tax-brackets-401k-contributions-fsa-limitsHR Hierarchy of Needshttps://youtu.be/vzWMAuCLBJk4 Things HR is Nothttps://youtu.be/FyQ32TMHJIoBenefits Administration with BerniePortalhttps://www.bernieportal.com/benefits-administration/How to Boost Pay Equity Efforts in Your Organizationhttps://blog.bernieportal.com/boost-pay-equity-efforts▬ Social Media ▬▬▬▬▬▬▬▬▬▬▬► LinkedIn: https://www.linkedin.com/company/bernieportal▬ Podcast▬▬▬▬▬▬▬▬▬▬▬▬► Apple Podcasts: <a href="https://podcasts.apple.com/us/podcast/hr-party-of-one/id1495233115" rel="noopener noreferrer"...