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Advantages of Retirement Plan Auto Features

  • smeyer35
  • Aug 30, 2022
  • 1 min read


With certain 401(k) automatic features turned on, you can allow your employees to save more while lightening your administrative workload.


Advantages:


· 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.


 
 
 

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