According to a recent AARP article, 48% of Americans age 55 and older have no retirement savings. This is a staggering number is what we call the “retirement crisis.” And it’s even more exaggerated within small businesses.

To help share the importance of offering a 401(k) plan and doing so easily is Richard Lane, Partnerships Manager at Guideline, a FinTech retirement platform. Listen in as he discusses how a Safe Harbor 401(k) can add flexibility to your company's retirement plan.

Additional Resources:

• To learn more about the terms and conditions that apply visit https://www.guideline.com/blog/safe-harbor-401k-plan/
• AARP article: https://www.aarp.org/retirement/retirement-savings/info-2019/no-retirement-money-saved.html
• Order your copy of our book People Operations: Zenefits.com/pops-book
• Submit your People Ops questions: https://www.zenefits.com/workest/ask-a-question/

On this episode, you’ll hear:

• [00:52] The 401k access gap
• [02:00] Three tests your plan has to pass
• [03:15] How you can ensure your plan remains compliant
• [05:09] Details around employer match
• [05:47] 401(k) deadlines to be aware of