401(K) OR NJ SECURE CHOICE SAVINGS PROGRAM? WHICH IS BEST FOR YOU?

As a New Jersey business owner that has 25 or more employees and been in business for at least two years, you will soon be required to offer your employees a retirement savings solution or be subject to penalties.  Have you established a plan yet? 

If not, PayDay Employer Solutions and Human Interest are working together to make starting a new retirement plan easy and affordable. A Human Interest 401(k) offers: 

  • Tax credits from the SECURE Act – to help you save on starting a 401(k)1 
  • Zero transaction fees – to help you save more on fees2
  • “No-Touch” integration with PayDay Employer Solutions3 – – to reduce the burden of managing a 401(k) by syncing to payroll, processing contributions, and handling employee contribution rate changes.

We know how important it is to carefully consider what is best for you and your employees. If you have additional questions about how PayDay Employer Solutions and Human Interest can help you save vs the New Jersey Secure Choice Savings Program, here is a 401(k) or NJ Secure Choice Savings Program flier .  I’d love to set up a chat so that you can learn more about how we can help you and your employees save for retirement.

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