))
Retirement Solutions
Manage episode 385305517 series 2854501
Content provided by Ajay Saini. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ajay Saini or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
JJ spoke about retirement solutions available to small business owners. He said that the California state mandate requires businesses with five or more employees to offer a retirement plan, else they will be fined. However, in spite of being a cost in terms of time and/or money, it also allows businesses to attract talent because offering good benefits to employees shows that they care about the employees. Also, there is a Federal credit available for the first three years to compensate for the cost incurred in setting up a new retirement plan. JJ suggests that there are many options available and it is important for the business owners to give time to come on a quick call and evaluate the benefits of going with a private company like Human Interest and compare it with the CalSavers state plan.
67 episodes
Share
