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California’s Retirement Mandate And What this Means for Business Owners

VanceWealth Business Owner

California has already passed legislation that mandates business owners without retirement plans to offer a state-mandated retirement plan.

Though you may think that using the state-run plan will be a simple solution, you should know that these plans require a more significant amount of administrative work than may be expected on your end and have limited contribution potential and few investment options for your participants.

But we believe we have a better option!

As a business owner, you have the freedom to explore your choices and sponsor a plan of your own. At Advanced 401k Solutions, we deliver retirement solutions that make plan administration easier to manage.

About Advanced 401k Solutions:

Our team focuses on providing outstanding service to help plan sponsors meet their fiduciary duties and assist plan participants in achieving their retirement goals. We aim to accomplish this by increasing the transparency of plan fees, providing an in-depth understanding of investments, and offering superior educational resources.

We understand that our commitment to serving our clients requires their trust, so we hold ourselves to the highest levels of integrity in all that we do.

To learn more or schedule a complimentary consultation https://vancewealth.com/book-an-appointment/

Vance Wealth, Inc. (“Vance Wealth”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Vance Wealth and its representatives are properly licensed or exempt from licensure.