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U.S. Labor Department Unveils Online Video to Help Small Employers Select Appropriate Retirement Plans
U.S. Department of Labor [DOL]
[Guidance Overview] Apr. 9, 2008
Excerpt: [The online video is meant] to help small employers and accountants understand the various options for providing a retirement program for their employees. 'Choosing a Retirement Solution for Your Small Business' introduces employers to the three most popular retirement arrangements. The video portrays real-life experiences of four small employers that operate simplified employee pension (SEP), savings incentive match plan for employees individual retirement arrangement (SIMPLE IRA) and 401(k) plans. It focuses on the ease in setting up a retirement program appropriate for small business owners as well as the advantages of sponsoring a retirement plan, including tax breaks and as a tool to attract and retain a quality workforce.
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