Video: Advantages of Retirement Plan Auto Features

Video: Advantages of Retirement Plan Auto Features

August 29, 2022

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.

Watch the Video


Bjork Asset Management

1033 Skokie Boulevard, Suite 210

Northbrook, IL. 60062

  1. 312.464.7072
  2. 312.464.7083

www.BjorkAM.com

 

Securities and Retirement Plan Consulting Program advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC. Other advisory services offered through Global Retirement Partners LLC, a registered investment advisor. Global Retirement Partners LLC and Bjork Asset Management are separate entities from LPL Financial.

The LPL Financial representative associated with this website may discuss and/or transact securities business only with residents of the following states: CO, FL, GA, IL, IA, MN, NC, WI

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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