Flexible, customized retirement plans that rival CalSavers
Are you looking for a retirement planning solution that will actually help your employees reach their long-term financial goals?
The days of inadequate and cookie-cutter solutions are over. Thanks to HR Ledger, partnered with Human Interest, businesses can now access flexible and customized 401(k) plans that rival CalSavers — without the costly fees or burdensome requirements. With this blog post, we’ll dive into exactly what sets Human Interest apart from CalSavers and why it’s quickly becoming the preferred choice among employers who are looking for an easier way to provide retirement benefits without sacrificing quality or coverage.
Human Interest: Better retirement options than CalSavers
Human Interest is revolutionizing the retirement industry by offering a personalized and employee-centric solution that surpasses CalSavers. With Human Interest, employers can choose from a range of 401(k) plans including safe harbor plans and profit-sharing plans, most of which provide higher contribution limits than CalSavers. Employers can customize matching and vesting options.
Human Interest’s retirement plan overview
Retirement planning can feel overwhelming, but Human Interest aims to make it as easy and flexible as possible. Their retirement plan not only includes automatic enrollment, taking the burden off employees to sign up, but also offers the option for flexible contributions. With the ability to adjust their contributions along the way, employees feel more in control of their savings and can easily adapt to any changes over time. Human Interest understands that each individual has unique financial needs and goals, so their plan allows for customization. Investing in your future shouldn’t be a headache, and Human Interest’s retirement plan strives to make the process accessible and manageable for everyone.
HR Ledger + Human Interest: Easy 401(k)
This dynamic duo makes it easy for you to provide your employees with a retirement plan that will set them up for future financial success. HR Ledger’s integration with Human Interest allows for seamless tracking and management of employee contributions and transactions. No need to worry about manual data entry or potential errors – this technology has got you covered.
Human Interest’s integration with HR Ledger payroll also streamlines the administrative process for employers, freeing up time and resources for more important tasks. By prioritizing the needs of both employees and employers, Human Interest is providing a retirement solution that truly benefits everyone.
The advantages of Human Interest’s 401(k) plan over CalSavers
When it comes to selecting a 401(k) plan, the advantages of Human Interest over CalSavers are hard to ignore. Chief among them is the cost—the streamlined pricing of Human Interest 401(k) plans means less in fees for things like distribution, rollover, loan setup, check reissue, and plan termination. What’s more, you won’t have to navigate a complicated maze of transaction fees with a Human Interest plan. But that’s not the only advantage. Investment options are more numerous, making it easier to customize your retirement portfolio. Furthermore, Human Interest’s pricing transparency means you’ll always know what you’re paying for. When it comes to minimizing costs and maximizing investment opportunities, it’s hard to beat a Human Interest 401(k) plan.
Tax benefits of investing in any 401(k)
Investing in a 401(k) retirement plan not only helps you save for your future, but it also provides valuable tax benefits. One major benefit is that contributions to a traditional 401(k) are tax-deductible, which means that you can reduce your taxable income for the year by the amount that you contribute. This can help lower your overall tax bill and potentially even bump you down to a lower tax bracket. Additionally, some workers may be eligible for the Saver’s Credit, which can provide a tax credit for contributions made to a retirement account such as a 401(k). Overall, investing in a 401(k) can be a great way to meet your retirement goals while also maximizing your tax savings.
When it comes to employer-sponsored retirement plans, there are numerous options on the market. However, Human Interest stands out as a valuable choice for employers seeking to ensure their employees’ financial well-being. Unlike CalSavers, Human Interest provides full-service retirement planning that is tailored to the specific needs of each business. From detailed financial reporting to personalized 401(k) portfolios, Human Interest covers every aspect of the retirement planning process. Additionally, Human Interest’s fees are fully transparent, meaning that employers won’t be blindsided by unexpected costs. Overall, Human Interest is a wise choice for employers who want a reliable and comprehensive retirement plan option for their workers.