8 min

Q&A: Why a Safe Harbor 401k might be the right fit POPS! The People Ops Podcast

    • Management

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

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

8 min