Huntington Ingalls limits 401(k) loans - Business Insurance (2024)

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Pooja Lohar on LinkedIn: #reactjs #freshers #intern | 1,427 commentsHII hiring FINANCIAL ANALYST 3 in Newport News, VA | LinkedInHuntington Ingalls limits 401(k) loans - Business InsuranceNagha-hire ang HII ng Account Executive sa Quezon City | LinkedIn

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HealthSource RI | RIUHIP| Create An Account

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    Reprints

    Huntington Ingalls Industries Inc. has addressed the issue of employees frequently taking out 401(k) loans, which negatively impacted their long-term savings, by limiting participants to one loan at a time, Plansponsor reports. To offer an alternative, HII integrated Kashable, a financial wellness platform, into its benefits program, allowing employees to access loans with payroll deductions, thereby improving their credit scores.

    Read more

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