Video: Advantages of Retirement Plan Auto Features
With certain 401(k) automatic features turned on, you can allow your employees to save more while lightening your administrative workload.
- Increases participation in the retirement plan
- Provides automation of administrative tasks
- Employer tax credit of $500 per year for the first 3 years
See how these features fit into your workplace for streamlined administration and enhanced retirement plan savings.
Watch the Video
Securities Offered Through LPL Financial. Member FINRA/SIPC. Investment Advice offered through Retirement & Benefit Partners of Central New York, a separate entity from LPL Financial.
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.
©401(k) Marketing, LLC. All rights reserved. Proprietary and confidential. Do not copy or distribute outside original intent.