In this episode, Mark Paller and Mark Mogle of Paller Financial Services break down Colorado’s Secure Savings Roth IRA program, which requires small businesses with five or more employees to offer a retirement plan. They explain how this law aims to increase retirement access, especially since 40% of Colorado private-sector employees previously lacked it. They discuss the benefits of 401(k) plans, emphasizing employer matching contributions and tax advantages for employees. Additionally, they cover why offering retirement plans can improve employee retention and attraction, benefiting business growth and workplace morale. For businesses needing assistance, they advise reaching out to Paller Financial for guidance on compliance and setup.