Maryland Saves vs. Private 401K
The state of Maryland launched Maryland Saves in 2016 to mandate every private-sector employer offer a retirement plan. The law required every w2 employee to be automatically enrolled and levied fines for non-compliance. Learn more about the Maryland Saves program here.
Most companies took advantage of this law and enrolled in the Maryland Saves program.
However, with the Secure 2.0 Act, small business owners are shifting focus to private 401K plans. Learn more about the Secure 2.0 Act here.
Why is this shift? Are you missing out on important information?
Learn more from the webinar by Prosper Retirement and PeopleWorX, and make an informed decision for your business and employees.
Some of the key points discussed in the webinar are as follows:
- Detailed background and purpose of Maryland Saves
- How Maryland Saves affect new small business owners?
- Details about the Secure 2.0 Act
- Provisions of the Secure 2.0 Act
- Regulatory Comparison: Auto-IRA alternatives
- Comparison between Auto IRA, SEP-IRA, SIMPLE IRA, and Profit sharing 401K
Fill out the form below and view the webinar. It will be your 40 minutes well spent.
Why is this shift? Are you missing out on important information?
Learn more from the webinar by Prosper Retirement and PeopleWorX, and make an informed decision for your business and employees.
Some of the key points discussed in the webinar are as follows:
- Detailed background and purpose of Maryland Saves
- How Maryland Saves affect new small business owners?
- Details about the Secure 2.0 Act
- Provisions of the Secure 2.0 Act
- Regulatory Comparison: Auto-IRA alternatives
- Comparison between Auto IRA, SEP-IRA, SIMPLE IRA, and Profit sharing 401K
Fill out the form below and view the webinar. It will be your 40 minutes well spent.