Transamerica is helping small businesses gain advantages in hiring and retaining employees in the demanding job market with a retirement plan programme available through year-end. Enhancing employer-sponsored benefits, such as the company’s retirement plan, can help attract and reward both future and current employees.
“During the past year, we’ve been hearing from participants that they appreciate help planning for their financial future, especially during these uncertain times,” said Kent Callahan, Chief Executive Officer for Transamerica’s Workplace Solutions division. “We’ve also heard from small business employers that recruiting and retaining workers is exceptionally difficult in this current market.”
For small businesses that choose Transamerica for their retirement plans before the end of the year and offer Transamerica’s Managed Advice service, plan recordkeeping fees will be waived for one full quarter.
Managed Advice enables retirement plan participants to receive professional asset allocation, along with access to one-on-one support from qualified Transamerica Investment Advisor Representatives.
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