As part of America Saves Week, the U.S. Department of Labor’s Employee Benefits Security Administration, in coordination with the Consumer Federation of America and the California Society of Certified Public Accountants, is holding a free webcast for small business owners and their accountants on the retirement savings options available and the use of direct deposit for saving for retirement and more. Choosing a retirement savings plan can be easier than many small business owners think.
The webcast will provide practical information and helpful tips to understand the retirement savings options available for small businesses. The U.S. Department of Labor will discuss the options and how to get started after choosing a plan. The California Society of Certified Public Accountants will provide a peer perspective to help you consider and compare the options. The options not only provide an effective way to save for a secure retirement but most also provide tax advantages for both employers and employees.
The Consumer Federation of America will focus on how direct deposit helps employees save for retirement at work and build stronger financial futures. Direct deposit also helps employers simplify their business processes and increase productivity.