Offering a retirement plan can lead to an annual cost savings of more than $100,000 in reduced employee turnover costs alone for SMBs – a 2x return on the initial costs of offering a 401(k), says a new study.
Now, experts are saying it should just be a guideline for a retirement plan. Instead, give greater consideration to commission-free retirement annuities, which are built to generate income while also offering predictable income.
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