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. 

 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 & managing its people easy. 

http://bit.ly/2NEQ5Qb

What 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.  Approved for SHRM & 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  ▬▬▬▬▬▬▬▬▬▬

00:00  Intro

01:08  The Two Types of Plans SMBs Should Use 

01:56  Simple IRAs

02:35  Why 401(k)s Are Your Best Option

04:44  Hardship Withdrawals

07:44  Retirement Benefits Platforms - What to Expect

09:54  HR’s Role in Streamlining Benefits

11:21  Final Thoughts

▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬

SECURE 2.0 Mandates Automatic Enrollment in 401(k)s & 403(b)s

https://blog.bernieportal.com/secure-2.0-mandates-automatic-enrollment-retirement-plans

401(k) & FSA Contribution Limits

https://blog.bernieportal.com/tax-brackets-401k-contributions-fsa-limits

HR Hierarchy of Needs

https://youtu.be/vzWMAuCLBJk

4 Things HR is Not

https://youtu.be/FyQ32TMHJIo

Benefits Administration with BerniePortal

https://www.bernieportal.com/benefits-administration/

How to Boost Pay Equity Efforts in Your Organization

https://blog.bernieportal.com/boost-pay-equity-efforts

▬ Social Media ▬▬▬▬▬▬▬▬▬▬▬

► LinkedIn: https://www.linkedin.com/company/bernieportal

▬ Podcast▬▬▬▬▬▬▬▬▬▬▬▬

► Apple Podcasts: https://podcasts.apple.com/us/podcast/hr-party-of-one/id1495233115

► Spotify: https://open.spotify.com/show/5ViQkKdatT40DPLJkY2pgA

► Amazon Music: https://music.amazon.com/podcasts/1874beb8-2a68-4310-8816-e704e6850995/HR-Party-of-One

► iHeartRadio: https://www.iheart.com/podcast/269-hr-party-of-one-57127074/#

► Pocket Casts: https://pca.st/o6e2auqq

►RSS: https://feeds.captivate.fm/hrpartyofone/ 

► Other: https://hrpartyofone.captivate.fm/listen

#HR, #HumanResources, #HRTips, #HumanResourcesTips, #SmallBusiness, #HRPartyOfOne,