Vestwell

Benetech Inc. is a Third-Party Administrator (TPA) firm that focuses on plan design and administration to bring high-quality, reliable administrative service to businesses across the country. As partners of the Vestwell Flex program, Benetech delivers a streamlined client experience for businesses looking for bespoke retirement plans. “From the beginning of our discussions to become a Flex partner, it was clear that Vestwell is committed to having a collaborative relationship with their TPA partners,” said Phil Dabney, Vice President of Sales and Marketing at Benetech. Learn how Benetech utilizes Vestwell’s Flex Program to leverage a consolidated pricing model, extensive payroll integrations, and open communication to offer their clients a quality experience: https://lnkd.in/gT2xQfZ3 

Happy 4th of July from the Vestwell team! 🇺🇸 Wishing our community a wonderful and safe holiday.

Many retirement plan options exist for businesses to help their employees save for their futures. Today, we highlight SIMPLE 401(k)s—retirement savings plans designed for businesses with 100 or fewer employees. The SIMPLE 401(k) offers several benefits to employers: ✅ Streamlined retirement benefits for smaller businesses ✅ They are not subject to the non-discrimination rules that apply to traditional 401(k) plans ✅ They have a straightforward benefit formula In a recent Nasdaq article, our team of experts dive into SIMPLE 401(k)s, their unique advantages, and how to choose the right fit for your business. Learn more: https://lnkd.in/g-3NAfKh

Congratulations to Vestwell’s General Counsel & Chief Compliance Officer, Allison Brecher CIPP/US, for being honored as one of Attorney Intel's Top 25 General Counsels in Financial Services for 2024! 🏆 This award highlights General Counsels who have distinguished themselves in the realm of financial services. We are thrilled to see Allison recognized for her legal acumen and strategic foresight. https://lnkd.in/g5UiAxts

Vestwell’s recent webinar discussed how advisors can scale their practice by expanding their offerings and bringing financial wellness to the workplace. The demand for workplace benefits is shifting beyond just retirement plans—from education to health and emergencies, long and short-term financial wellness is a priority for employees—and it presents an opportunity for advisors. “Offering holistic benefits is a great opportunity for you and your business. It means bringing in assets through emergency savings, or helping protect assets through things like the SECURE 2.0 student loan match, which enables people to save who probably couldn’t,” said Vestwell’s Head of Workplace Sales & Distribution, Joshua Forstater. “And there’s nothing that makes HR happier than if you’re the advisor who helped create better outcomes for your clients.” Learn how holistic financial wellness is evolving in the workplace and how advisors can leverage new employee demands to scale their practice in AdvisorNews' recent article:  https://lnkd.in/g9KBCS5C 

We are thrilled for our partners at Netchex for launching their new 401(k) platform! Powered by Vestwell, this solution is designed to streamline retirement savings administration for employers. The platform will enable businesses to offer valuable employee benefits at a competitive cost with minimal administrative effort. “There’s never been a better time for employers to implement or expand their benefits packages. We’re proud to be the preferred partner behind Netchex’s 401(k) solution and offer a seamless, modern solution for businesses of all sizes,” said Aaron Schumm, Vestwell’s founder and CEO. Learn more about our partnership with Netchex: https://lnkd.in/gPB7mqhK

Congratulations to the state of Delaware on launching the EARNS program! Beginning today, employer registration opens for the state’s new auto-IRA saving program, which will give private sector employees across the state a chance to save for retirement. Vestwell is proud to power Delaware’s program, bringing us one step closer to our mission of closing the nation’s savings gap. “The Delaware EARNS pilot program gained early momentum during the spring. We anticipate the success of this program to continue now that it is available to all eligible Delaware businesses,” said Douglas Magnolia, Vestwell’s President of State Savings. “As partners of Delaware EARNS, Vestwell values our shared commitment to expanding access to retirement savings and helping close the savings gap for workers in the First State.” Learn more about the Delaware EARNS program and launch: https://lnkd.in/gJ-8VtXV

Welcome to the Vestwell team, Brianna Buckley, Laura Veprinsky, MBA, CPP APMP, Ava Y., Nicole Ramos, CPA, Jennifer Gavin, Jack Robert Gillies, and Alan Olivares Mora! We are delighted to have you on board. 🎉 #OneVestwell #WelcomeToTheTeam

🗣️ Just released: New episode of the Mission to Grow podcast, hosted by Vestwell’s partner Asure Software. Vestwell’s Director of Plan Design, Kevin Gaston, CPC, QPA, QKC, QKA, TGPC, explores the benefits and impact of the SECURE Act 2.0, the different types of tax credits available to employers, and how to use vesting periods to your advantage. Plus, he shares why benefits are better for retention than salary alone. Employers, tune in to learn more about the opportunities SECURE 2.0 can create for your business. 🎧 Listen now: https://lnkd.in/ghDtQ76x

We are excited to have Vermont join forces with our partners at the Colorado SecureSavings Program to expand retirement savings to more private sector workers across their states. “Partnership between states has proven to be a successful and expedient path for launching auto-IRA programs,” said Douglas Magnolia, President of Vestwell State Savings. “We welcome Vermont to the growing group of states expanding access to retirement savings and look forward to launching VTSaves to improve retirement security for workers in the Green Mountain state." Learn more about Vermont Saves, the new auto-IRA program, and how the multi-state partnership  is expanding access to retirement savings: https://lnkd.in/gwjr8kXG