Coronavirus, COVID-19, and the CARES Act, these topics have without a doubt overtaken your media feeds and with a valid reason. However, in this time of turmoil, we wanted to take a moment to explain what some of this means in hopes of bringing you some calm.
For employers, a lot has changed and very quickly. To help you navigate these changes, we have created a simple infographic that walks through two key points:
– Retirement plan changes
– Employee FAQs
Click here to download the plan sponsor guide.
While we understand that for everyone daily life is different. We hope that in these times, we are providing you with consistent information to help you make the best decisions towards the coming bright future.
CERTIFIED FINANCIAL PLANNER™
3 Financial Group
1888 Kalakaua Avenue, Suite C312
Honolulu, HI 96815
Running a successful business is complicated and your retirement plan is an important piece of the puzzle. Regulators are putting increasing pressure on business owners who run retirement plans for their employees. Working with a financial advisor who can support you with your fiduciary requirements can help ease that burden. Plus you can have a plan that is easy to manage, while providing your employees with a convenient vehicle to save for retirement. We work with you to design and implement smart retirement plans that fit your unique goals.
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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