Description

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ 

“Often employees don’t get into a plan because they don’t know or they are scared. With auto-enrollment, they don’t have to do anything to get into a mixed investment portfolio appropriate to their age.” - Kim Moore 

The finer details in this episode:

• What is auto-enrollment?
• How investments are chosen for auto-enroll plans
• Pros and cons of implementing an auto-enroll plan
• Processes for notifying employees when they are being enrolled
• Factors to consider when deciding if you should implement auto-enrollment into your 401k plan
• Possible pitfalls with auto-enrollment and how to avoid them
• The process of getting started with auto-enrollment

Episode resources

• Watch episodes of The 401(k) Audit CPA Success Show on YouTube.
• Learn more about the Anders 401(k) process and pricing.
• Email our Director + 401(k) Audit, Kim Moore, with questions.