For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Products June 29, 2009
Great-West Offers Start-up 401(k)
June 29, 2009 (PLANSPONSOR.com) - Great-West
Retirement Services has introduced Easy Start 401(k), a new
product targeted to businesses that do not currently offer a
401(k) plan.
Reported by Rebecca Moore
A ccording to Bill Harmon, vice president of 401(k) sales , the plan is affordable and easy to implement. ” To get started, businesses with at least five employees just decide who is eligible, whether the company will match contributions, and how long before employees become vested, and within 15 business days, the business can be sending in their employees’ first 401(k) contributions ,” Harmon said in a news release.
More information is at www.gwrs.com .