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Video: Advantages of Retirement Plan Auto Features

Video: Advantages of Retirement Plan Auto Features

August 29, 2022

With certain 401(k) automatic features turned on, you can allow your employees to save more while lightening your administrative workload.


  • Increases participation in the retirement plan
  • Provides automation of administrative tasks
  • Employer tax credit of $500 per year for the first 3 years

See how these features fit into your workplace for streamlined administration and enhanced retirement plan savings.

Timothy Lay, AIF®, CFEi®

Trusted Principal Advisor

(541) 728-7659 

884 S. Starry Skies Ct. Sisters, OR 97759

Investment Advisor Representative of and Securities offered through Founders Financial Securities, LLC. Member FINRA, SIPC and Registered Investment Advisor.

This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.

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