If your business doesn’t offer workers a 401(k) plan, maybe now is the time

The business of retirement savings has been going through some major changes lately. Financial services companies are seeking to grow the pie aggressively by getting more employees to invest in 401(k) plans and similar savings accounts. At the same time, more people are living longer in retirement, which is good for, well, people, but does mean their retirement savings must stretch further. Meanwhile, the population is aging, which threatens to deplete public sector retirement programs like Social Security. But then the Trump administration is touting new savings accounts for kids. So what does all of this mean for you and your employees, whether they are approaching retirement age or simply planning for the future? Jeff Schneble has been thinking about various scenarios quite a bit, in his role as CEO of Human Interest, a fast-growing digital 401(k) program administrator that serves primarily small and midsize companies. The San Francisco-based company positions itself as a kind of retirement program in a box, with greater automation and less administrative time required of participating companies. Schneble recently sat down with Inc.’s Mike Hofman to talk through his vision for …