Boulder Chamber 401(K) Program
About
In addition to our on-going efforts in the areas of economic vitality, advocacy, marketing, professional development and business networking, the Boulder Chamber works hard to bring our members cost-saving business to business deals, and solutions that help you show your employees that you value what matters to them.
401K Services
Three important facts about our program.
- The Colorado Secure Savings Program (Senate Bill 20-200) now requires all businesses with five employees or more to offer a qualified retirement plan like a 401(k)—or face fines.
- The IRS offers three tax credit programs to offset not only the administrative costs of implementing a plan, but also the ability to offset employer contributions to employees. A new plan can be eligible for up to $55,500 in tax credits annually for the first three years of plan operation!
- A quick conversation with our group plan specialist can help you compare value to money spent for your retirement plan.
The Boulder Chamber partners with Lincoln Financial to deliver:
- Access to potential pricing and service efficiencies - economies of scale
- Less administrative work, as you hand off many of the responsibilities that come with running a 401(k), including filing Form 5500 and employee loans
- Relief from many fiduciary obligations, while maintaining your current plan design — or changing to a plan design that works for you
Chamber News
The Boulder Chamber has created a warm and dedicated community of people helping each other in business. I've made some great friends and business connections and expanded my reach through sponsoring events.
Michelle Dodd
Merge Studio
As a local business, we rely on the chamber to do the research and present valuable advice to us, especially in light of the dramatic events of the last couple of months.
Dennis Paul
Elevations Credit Union
The frequent communication and outreach is something I look forward to receiving in my inbox for updates on what is happening in and around Boulder.