• ryanverdery

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.


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.



Summit Retirement Partners, LLC

209 West Chatham Street

Apex, NC 27502

summit-retirement.com


Ryan Verdery, AIF®

(919) 674-0595

ryan.verdery@lpl.com


Meredith Barbour, QKA, PPC®

(984) 229-1031

meredith.barbour@lpl.com


Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC.


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.


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