The retirement crisis is real. IRA Genie’s mission is to help both, employers and employees
Offering retirement assistance is a smart move for employers
Research has shown significant benefits to employers for offering retirement planning assistance to employees
Why 401(k) may not be a good choice?
Cost
Setting up and maintaining a 401k plan can be expensive
Complexity
The rules and regulations governing 401k plans are complex, and require a lot of resources to comply with them
Administration
Small businesses may not have the staff to administer a 401k plan
Risks
Small businesses may be concerned about taking on fiduciary responsibility, having to continue managing the plan even after
Cost
Setting up and maintaining a 401k plan can be expensive
Complexity
The rules and regulations governing 401k plans are complex, and require a lot of resources to comply with them
Administration
Small businesses may not have the staff to administer a 401k plan
Risks
Small businesses may be concerned about taking on fiduciary responsibility, having to continue managing the plan even after
IRA Genie makes it easy for employers and employees
For Employers
Because IRA Genie does all the heavy lifting to help your employee open their IRA, it frees up the employer from devoting any resources or taking on additional responsibilities. If the employee chooses to make a direct deposit into their IRA, you will adjust your payroll process to reflect this.
You only pay us for employees who use our service to open an IRA. This makes it a very affordable way for you to show your employees you care about their financial future, while staying focused on what you do best - managing your business.
Unlike 401(k) plans or CalSavers which are only for full time employees, you can choose to offer IRA Genie to everyone important to your business, including full-time, part-time, independent contractors and gig workers.
For Employees
Using our proprietary AI driven program, IRA GPT, we will answer your employees’ questions, determine their eligibility for an IRA and help them open an IRA from a choice of providers including Fidelity, Robinhood, Schwab, Betterment and SoFi.
You only pay us for employees who use our service to open an IRA. This makes it a very affordable way for you to show your employees you care about their financial future, while staying focused on what you do best - managing your business.
Unlike 401(k) plans or CalSavers which are only for full time employees, you can choose to offer IRA Genie to everyone important to your business, including full-time, part-time, independent contractors and gig workers.
How IRA Genie compares with Cal Savers and Traditional 401k
Contact us
If you are an employer who is interested in helping their employees save for retirement, we would love to speak with you!