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.
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Timothy Corle CPC, CPFA, CFP®
Tycor Benefit Administrators, Inc.
850 Cassatt Road, Suite 310
Berwyn, PA 19312
610-251-0670
Securities may be offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services may be offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Kestra IS and Kestra AS are not affiliated with Tycor Benefit Administrators, Inc. or any entity referenced herein. Click here to view Form CRS
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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