529 college savings plan Archives - Payroll Management, Inc

Should You Offer 529 Savings Plans?

by chris | Jul 31, 2018 | Financial Management, General News, Human Resources

In a MetLife study, 74 percent of employees said their employer’s financial benefits program helped them achieve peace of mind. For many employees, this peace of mind is obtained through employer-sponsored life insurance and retirement plan. However, a growing...

Should You Offer 529 Savings Plans?

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In June 2021, Governor Mills signed the Act to Promote Individual Retirement Savings. The act requires that covered employers automatically enroll covered employees into a newly formed Maine Retirement Savings Program.

Implementation has been delayed and we will continue to monitor developments. In the meantime, additional information can be found clicking the button below and questions can be sent to info@mainsaves.org.