Is inertia affecting your employees’ financial future
Is inertia affecting your employees’ financial future?
 
“I just haven’t gotten around to it yet.”
 
How many times have you heard this from your employees?
 
Employees want to save for retirement, but inertia (or “I just haven’t gotten around to it yet.”) is a big hurdle to overcome.
 
By offering your employees automatic enrollment into Ohio DC, you can help employees overcome that inertia and save for their financial future.
 
Automatic enrollment allows you to “enroll” newly hired eligible employees in Ohio DC. “Enroll” means that after a 90-day opt-out period, during which time the employee can decide to cancel their enrollment, you deduct a small amount from the employee’s wages that is contributed to an Ohio DC account established on the employee’s behalf.
 
While inertia may have initially precluded some employees from enrolling in Ohio DC, that same inertia will stop most participants from opting-out of auto enrollment, benefiting them for retirement.
 
For more information on auto enrollment, email Ohio457@nationwide.com.