401GO

It's 2024, and 2/3 of Americans are paying bills manually. Why? *40% do it to make tracking easier *24% do it to make sure they have enough funds available The takeaway is that we need better tools. Consumers have money in more places than ever before, and they have a difficult time keeping track of it all. Our partner MX is one of the companies leading the way in creating modern, excellent and user-friendly personal finance management (PFM) tools. #moneymatters #budgeting #finance #financialplanning #retirementplanning https://hubs.ly/Q02z6TqK0

#401k balances are higher than ever. Steady contributions to a retirement account WORK. https://hubs.ly/Q02ykxSw0

Everyone loves a tax credit. And why not? New 401(k) plans for businesses with 100 or fewer employees can take advantage of pretty substantial credits. Those that are not new, or have more than 100 employees, can still benefit from tax deductions. Win-win! #taxcredits #businesstaxes #taxes #smb #401k #retirementbenefits https://hubs.ly/Q02xNmhb0

Pooled Employer Plans (PEPs) can be a lot easier to get into than out of. And that's just one issue to keep in mind. Those who join PEPs may be sorely disappointed if they don’t carefully read and digest the fine print before signing. A 401GO Syndicate is designed to provide the upsides of a PEP without the downsides. https://hubs.ly/Q02xNcvY0

One question we often ask business owners looking to start a new retirement plan is, "What is the purpose of the plan? What outcomes are you hoping to achieve?" The goal and intent of the plan affects plan design, timing, cost and other factors that will help you choose the best provider for your needs. #401k #retirementbenefits #retirementplanning #smb #smallbusiness https://hubs.ly/Q02xkWfx0

What's your favorite new retirement feature from SECURE Act 2.0? We're finding the tax credits are very popular, and there's been a good amount of interest in Roth employer matching contributions as well. 401GO is offering Roth employer matching currently. Reach out if you or a client are interested in pursuing this great new provision. #secureact #retirementplanning #retirementbenefits #401k #taxes #taxcredits #roth

Employees love 401(k) plans... because THEY WORK. Here are 3 of the top 8 reasons workers choose to utilize their company 401(k). #401k #retirementplanning #employeebenefits #retirementbenefits #smb #worklife #moneymatters #employeeexperience #financialplanning

The access gap is CLOSING. We are making progress. The number of employers offering retirement benefits is climbing, in large part due to state retirement mandates, and in part due to easier access thanks to fintech recordkeeping platforms like 401GO. #401k #retirementbenefits #smb #hr #employeebenefits #employeeexperience #retirementplanning

We get a lot of questions about SECURE Act 2.0. It's a monster, with many new details to be aware of. We put together this list of highlights, with the items we think will most interest you. https://hubs.ly/Q02xk8Hs0

Recruiting, hiring and keeping new employees is tough. It can cost companies 50% - 75% of an employee's annual salary to replace them if they leave. It's just one reason more and more employers are starting or improving their retirement benefits. Good employees are hard to replace. #hiring #hr #smb #businessowner #retirementbenefits #retirementplanning #401k