To encourage employees to save for retirement, many states have adopted multiemployer plans that allow or require companies to offer deferred compensation savings options.
How Workforce Acceleration can help
For companies taking advantage of state retirement plans, Insperity offers 360° Retirement Integration to make administration easier. Through our partnership with Ascensus and Vestwell, Insperity Workforce Acceleration clients can purchase 360° Retirement Integration to share employee demographics and plan contributions with their state ROTH IRA plan recordkeeper.
Learn more about state retirement plans
To learn more about the plans and requirements in your state, review our guide. Additional information is also available in the Insperity HR Resource Center.