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Bundling Employee Benefits

| JUN 20, 2018

How bundling benefits helps your business and your employees

In today’s tight workforce market, bundled benefits can help both businesses and employees. Employees appreciate more flexibility and greater freedom of choice in health, retirement and other benefits. Businesses enjoy the efficiencies of consolidating the services, especially with Alerus professionals who also understand a client’s business goals and challenges.

 “We’re helping more small businesses harness the power of bundling all benefits services together,” explains Wade Dykema, Alerus Director of Sales. “As always, we can take care of employer-sponsored retirement plans, including 401(k) plans, employee stock ownership plans to get employees invested in your success, and executive bonus plans.

“Yet now, companies are turning to us to also handle health savings accounts (HSAs), flexible savings accounts (FSAs), COBRA, payroll, worker’s compensation and other customized services,” Wade says. “We remove those time-consuming burdens from companies’ human resources teams.”

This creates powerful efficiencies. It allows businesspeople to focus on growing and operating their business, while Alerus takes care of practical solutions with attentive, expert service and user-friendly, advanced online tools. Alerus also keeps up with tax and government compliance details and can help with risk management, succession planning and other important duties.

Wade and his team can help guide you through bundling benefits for your business, which may include:

To see how bundling benefits can benefit your business, email Wade now. He and his team look forward to helping you.

This content is provided for informational purposes only and should not be relied upon as an investment recommendation. Alerus Financial, N.A. and its affiliate subsidiary company make no representations or warranties as to the accuracy, completeness or timeliness of the information. The information is not intended to provide legal or tax advice. Individuals should consult a qualified legal or tax advisor for advice specific to their circumstances.

Alerus Wealth Management provides products and services through Alerus Financial, N.A. and its affiliate subsidiary company Alerus Securities Corporation, a broker dealer, member FINRA and SIPC. Trust services are offered through Alerus Financial, N.A. Registered representatives may offer securities through Alerus Securities Corporation.

Investment products: 1) Not FDIC insured 2) Not guaranteed by bank 3) May lose value

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