New health care coverage requirements have resulted in big premium increases. Some credit unions are looking for ways to trim benefits costs even as they outpace their banking counterparts when it comes to employer contributions to 401(k) plans. Pre-funding may be one way to protect the bottom line.
CU Employers Beat Banks on 401(k) Funding: Compare your credit union to the industry average and learn how contributions have changed in the economic recovery.
Weighing Risks, Returns of Pre-Funding Benefits: As benefits costs skyrocket, credit unions consider pre-funding programs.
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