“Nearly 1 out of 2 American households have suffered a significant decline in their income in a time when most didn’t have sufficient emergency savings.” - David Ramirez
The finer details in this episode:
- Thoughts on COVID-19 and how it impacts the 401k space
- Communications with current and past employees due to the decline in the economy
- Things you can do to help your employees get through the current economic hardship
- Core advice for employees on their 401k plan
- Why it might not be rational for some of your employees to join your 401k plan
- Fees associated with the 401k plans
Episode resources
- Summit CPA website - www.summitcpa.net
- Email us with questions - audit@summitcpa.net
- For Us All - https://www.forusall.com/
- Email David - david@forusall.com