Source: Analysis based on Wharton/Vanguard Study, February 2014.
Protect the money your employees have worked hard to save.
Building their retirement plan balance took effort. When your participants need to take a retirement plan loan, your organization can protect their money with Retirement Loan EraserTM (RLE)
Don’t let retirement plan loan defaults make employees lose their balance.
When employees lose their jobs, they may not be able to make their loan payments, putting their retirement plans at risk. RLE is a smart, low-cost protection program that repays an employee’s outstanding loan upon default and restores their 401(k) account in full.
We routinely insure our homes. Why wouldn’t we insure 401(k) loans?
The 401(k) may represent one of an employee’s biggest assets. It makes sense to protect it from unforeseen circumstances like involuntary job loss. When your employees need to take a retirement plan loan, protect their money from loan default with RLE.