The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
Car insurance company Progressive is one of the nation's Top 100 Military Friendly Employers, according to G.I. Jobs.
According to a release, each year, the magazine ranks companies based on criteria such as long-term commitment to military hiring, Reserve/Guard policies and veteran training programs.
G.I. Jobs compiled the list from more than 5,000 entrants. Only companies with more than $500 million in revenue were eligible to compete and only 2 percent made the top 100 list.
J.C. Jones, Progressive's compensation and benefits director said: "Being recognized again by G.I. Jobs' as one of the country's Top 100 Military Friendly Employers is a huge honor and a reflection of our commitment to the military. We work hard to attract military veterans to our company and appreciate their tremendous contributions to our success."
"We look for people who take pride in their work, have a desire to challenge themselves and have a proven ability to think strategically. Those characteristics are often found in the men and women who have chosen to serve in the military."
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