Bass, Berry & Sims attorney Doug Dahl provided insight on potential workplace perks of the future for an article published online by Money.
Among the anticipated perks were expanded retirement savings plans that reward positive financial behavior, such as making payments to reduce personal debt, with extra profit sharing or 401(k) contributions. However, there are currently federal laws that prohibit such a concept, but Doug predicts that this could change.
“Mindsets are shifting, and there is even a ruling pending at the IRS that would allow employer contributions to be conditioned upon employees making student loan payments,” Doug explained. “These ideas could significantly change incentives and motivations for retirement savings.”
The full article, “7 Amazing Work Perks Coming to Your Office by 2028,” was published by Money on July 25, 2018, and is available online.