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Video: Advantages of Retirement Plan Auto Features

Writer's picture: Retirement Partners of Hawai'iRetirement Partners of Hawai'i

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.


©401(k) Marketing, LLC. All rights reserved. Proprietary and confidential. Do not copy or distribute outside original intent.

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1003 Bishop Street

Pauahi Tower, Suite 880

Honolulu, Hawai`i 96813

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Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC

Retirement Partners of Hawaii and LPL Financial do not provide tax advice or services. Please consult your tax advisor regarding your specific situation.

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: CA, CO, HI, IL, NV, OR, & WA.

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