Small business owners, their accountants and service providers can attend a free webcast on choosing a retirement savings plan and using direct deposit for retirement plans on Thursday, February 23, 2012, from 2:00 – 4:00 p.m. Eastern Standard Time. The DOL's Employee Benefits Security Administration (EBSA) in coordination with the Consumer Federation of America will hold the webcast as part of America Saves Week. Registration is required.
The American Institute of Certified Public Accountants will join the DOL to discuss retirement savings options available for small businesses. The webcast will provide practical information and helpful tips to understand and compare the options and to start and operate a retirement savings plan. The options not only provide an effective way to save for a secure retirement but most also provide tax advantages for both employers and employees.
The Consumer Federation of America and NACHA - the Electronic Payments Association will focus on direct deposit as a way to simplify employees' ability to build savings for retirement at work and build stronger financial futures. They also will discuss the ways in which direct deposit helps employers, including simplifying business processes and increasing productivity.