Fiduciary Responsibilities & 401(k) Plans: What Every Employer Needs to Know

In this episode of The Finance Things in Life, Matt and Anthony from The Pitti Group Wealth Management dive into 401(k) plans and what employers need to understand about their fiduciary responsibilities. From plan design and cost comparisons to compliance and risk mitigation, they share insights to help business owners make informed decisions and avoid common pitfalls. Whether you're offering a retirement plan for the first time or reviewing an existing one, this is essential listening.NY small business retirement mandate Fiduciary duties explainedHow to audit and compare your planTailoring plans to your business and employeesTax benefits and long-term strategiesHave questions about your specific situation? Reach out, we're here to help.The Pitti Group Wealth Management LLC (“The Pitti Group”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where The Pitti Group and its representatives are properly licensed or exempt from licensure.The information provided is for educational and informational purposes only and does not constitute investment advice, and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status, or investment horizon. You should consult your attorney or tax advisor. Diversification does not ensure a profit or guarantee against loss.