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401k Plans and the Business Owner Thumbnail

401k Plans and the Business Owner

In this episode, hosts Josh Null and Will Steih discuss 401k plans from a business owner's perspective. They discuss if there is a best time of the year to offer a plan to your employees and how the Secure Act changed some of the filing deadlines starting with the 2020 plan year. They also discuss the benefits of having a 401k plan for attracting and retaining employees, especially in a tight labor market. Lastly, they remind existing plan sponsors that it's probably a good time to "benchmark" their plan to see if it is as competitive as possible, with the market offering lower fees and higher service than years past.

Want More Wealth In Ways?You can find all episodes of Wealth In Waves by visiting https://gulfcoastfa.com/podcast.

Want To Know More About Will and Josh?If you would like to continue the conversation with Josh and Will, make an appointment on our website at https://gulfcoastfa.com/, or feel free to call 251-327-2124 or email jnull@gulfcoastfa.com.