Secure 2.0 and What it Means for Financial Advisors¹ is a double win for small businesses and employees. We’ve created this quick guide of Secure 2.0 highlights you can share with your clients to maximize their Secure 2.0 benefits.
Secure 2.0 delivers additional retirement plan benefits for small business owners. Read on for more detailed information.
How it Benefits Your Clients
How Ubiquity Helps You
How it Benefits Your Clients
How Ubiquity Helps You
How it Benefits Your Clients
How Ubiquity Helps You
How it Benefits Your Clients
How Ubiquity Helps You
How it Benefits Your Clients
How Ubiquity Helps You
Secure 2.0 also includes several other changes that enable savers to put away more money for a longer period. This helps when it comes to compound interest. When you invest in a 401(k), the money you add generates interest. This interest compounds year after year, as you earn interest on your interest.
Let’s assume a very modest ability to save and a so-so economy returning just 5%. If you put in $5,000 this month and contribute just $100/month to your 401(k), in 30 years’ time you could have $105,924 saved for retirement.
On the other hand, say you put in the maximum of $66,000 today and contribute at least that much every year for 30 years. You’d be sitting on $4.2 million or more for retirement.
Effective in 2027:
Contact Ubiquity, the #1-ranked² 401(k) provider for small and medium-sized businesses on Google Reviews³.
Our low-fee, customizable 401(k) retirement plans for small businesses can help your clients take full advantage of Secure 2.0 provisions and help you augment your service offerings.
¹Flat fees are charged by Decimal, Inc. for recordkeeping and administrative services. Third-party service providers may assess asset-based fees to customers. Plan Sponsors are advised to review all service agreements with providers (e.g., investment advisors, custodians, broker-dealers) to evaluate total plan costs.
²An evaluation has been conducted by Decimal, Inc. through its research of independent customer reviews on Google, Trustpilot, and the Better Business Bureau as reported by unaffiliated contributors on or before September 30, 2022, with a revaluation date on January 12, 2023, resulting in a better evaluation, for four similar small-business 401(k) providers in the marketplace.
³Google ratings are based on client reviews of Ubiquity Retirement + Savings products and services. Details on the methodology Google employs to calculate ratings can be found here. Rates currently displayed are as of January 12, 2023 and are based on reviews from 2014 through 2023.
Ubiquity is not a registered investment advisor and no portion of the material herein should be construed as legal or tax advice. Please consult with your financial planner, attorney and/or tax advisor for advice.
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44 Montgomery Street, Suite 3060
San Francisco, CA 94104
Support: 855.401.4357
© 2023 Ubiquity Retirement + Savings
Privacy Policy
Do not sell my info
44 Montgomery Street, Suite 3060
San Francisco, CA 94104
Support: 855.401.4357