Using 401k Match to Incent Employees to Make Contributions to their HSA

The COVID pandemic has depleted employee savings to a dangerous point. Join us for the NFCBA January 21st Zoom meeting where Mercer will brief you on a new financial concept that improves employee savings flexibility. Employees can now choose whether savings through a 401k or HSA better meets their short and long term needs without losing the match in the 401(k) plan.

Advantages of this concept are – flexibility, opportunity for increased employee retirement savings, and peace of mind for medical emergencies at no additional cost to the employer. Plus, Mercer will explain a new financial option for your HSA plans that provides 0% loans to employees until they meet their medical deductibles with payback through payroll deduction.

Presenters will be Heidi Gobetz (Partner, Mercer Wealth) and Susan Klinefelter (Mercer JAX Market Leader). View their bios.