Employee benefit plans can be complicated.

If you read the sentence above and you’re still with us, we’re guessing that you’re probably one of the business leaders who understands their importance, even despite the complexities. (Well done!)

It’s true that offering retirement plans to your business’s employees comes with costs, responsibilities, and the task of adding new words and acronyms to your vocabulary, but is it worth it? Do businesses really need to offer benefit plans? Where should a company even start?

In this episode of The Wrap, our hosts talk to retirement plan experts Steven Causey, CPA, AIF and Kyle Bonds, ERPA, QPA, QKA about the fundamentals that businesses should know about offering a retirement plan to their employees. 

After listening to this podcast episode, you’ll be able to:

• Be familiar with the main types of retirement plans
• Know what costs come along with offering a retirement plan to your employees
• Understand your business’s responsibility when it comes to the retirement plan your business offers
• Have a basic understanding of the aspects of the SECURE Act and how it impacts retirement plans