Products October 21, 2010

Web Site Helps Employers Choose Best Retirement Plan

October 21, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor (DoL) and the American Institute of Certified Public Accountants (AICPA) have launched a Web site to help small businesses select a retirement plan suitable for their employees.

Reported by

Fred Schneyer

The Web site, “Choosing A Retirement Solution for Your Small Business,” was jointly developed and is co-sponsored by the Labor Department’s Employee Benefits Security Administration (EBSA) and the AICPA.

The site introduces employers to a number of retirement plan options from a simpler individual retirement account-based plan to the more sophisticated automatic enrollment 401(k) program. It describes the advantages and features of various retirement plans.

For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter. 

“Having the right plan will give small business owners a way to save for their own retirement while also helping their employees achieve a more secure retirement,” said EBSA Assistant Secretary Phyllis C. Borzi, in a news release.

The site is at http://www.choosingaretirementsolution.org/.