Fringe - Other

Emergency Loan Account

  • An interest-free loan for participant to cover unexpected expenses during a difficult time.
  • There is no limited list of expenses.

Why?

Participant Benefits

  • Use funds for any necessary expenses.
  • Tax- and interest-free.
  • Minimize financial stress in their time of need.
  • Improves financial & mental wellbeing.

Employer Benefits

  • Determines all terms of the loan and is in control of all collections.
  • Improves recruiting, retention and engagement.