Opportunity Ahead- How will recent retirement legislation impact your business?
Despite widespread popularity, 401(k) plans have gained a reputation for being costly and complicated. Given the flurry of recent state and federal legislation, employers are faced with more complexity than ever before when sponsoring a retirement plan. Paired with a competitive environment to attract and retain employees and the mounting retirement savings gap across the country, relief for employers is long overdue. Fortunately these same developments have given way for new structures to ease the burden of offering a 401k plan and is reshaping the way employers view retirement benefits. Attendees will learn: • How Secure Act 2.0 provisions impact your employer sponsored retirement plan. • About common misconceptions and liability traps employers face when sponsoring a retirement plan. • How to meet employee demand with a quality retirement benefit. • About new and innovative 401(k) structures that significantly reduces the cost, workload, and liability of offering a plan, without sacrificing flexibility.