401k Plans have too much fiduciary liability and cost for Businesses under 100 employees. This video shows a business owner what their fiduciary liabilities and costs are and their alternative solutions.
State Mandates REQUIRE that Employers must offer a voluntary retirement program or pay a fine of up to $750 per employee each month. In California it applies if you have 5 or more employees and only 1 employee has to be in California.
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