<ul><li>KPMG U.S. is enhancing its employees' 401(k) accounts by depositing a firm-funded contribution of 6-8% of eligible pay annually, without requiring any matching personal contribution.</li><li>The move aims to address the financial insecurities plaguing many Americans today and provide a substantial increase in retirement savings.</li><li>By offering this benefit unconditionally, KPMG is rethinking the traditional approach to 401(k) plans and prioritizing employee financial wellbeing.</li><li>Fostering financial wellness is crucial for organizations to attract and retain top talent and prevent financial issues from impacting productivity and employee turnover.</li></ul>

How this firm is rethinking the 401(k) to boost employee wellbeing

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