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Podcast: THRIVE, a Paychex Business Podcast
Episode: PEP Talk: Helping Businesses Save on Retirement Offerings
Description: If you want to offer or improveĀ retirement savingsĀ plansĀ for your employees, or if your business operates in a state whereĀ retirementĀ planningĀ is now mandated,Ā what advantages could a Pooled Employer Plan (PEP) provide? LongtimeĀ retirement planningĀ consultantĀ Kelly Michel shares how aĀ PEP planĀ can reduce your costs, minimize your fiduciary liability, and may even garner business tax credits, while still offering your workers the traditional benefits of aĀ 401(k) plan.Ā
Topics include:
2:33 - Kelly's background in Multiple Employer Plans
4:12 - What's a Pooled Employer Plan (PEP)?
5:24 - How the 2019 SECURE Act imp...