Retirement Partners of Hawai'i

Aug 29, 20221 min

Video: Advantages of Retirement Plan Auto Features

Updated: Oct 10, 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

Retirement Partners of Hawai`i
 
1003 Bishop Street
 
Pauahi Tower, Suite 880
 
Honolulu, Hawai`i 96813
 
Phone: (808) 681-7799
 
info@retirementpartnersofhawaii.com
 
www.RetirementPartnersofHawaii.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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