Small Businesses to Benefit from Integrations of Insurance and 401(k) Services on QuickBooks Platform
Summary
Nearly 90% of small businesses do not offer their employees a 401(k) retirement benefit because of perceived high costs and time-consuming administrative tasks, according to recent research. QuickBooks Online Payroll customers now have affordable access to a benefit that helps attract and retain employees, while also providing staff with the ability to save for retirement using 401(k) powered by Guideline. By teaming up with Intuit QuickBooks, we can give even more small business owners across the country the power to protect their livelihood, in just a few clicks.” “Over the past few years we have all experienced natural catastrophes, like the coronavirus pandemic, earthquakes, wildfires and floods, which highlight the need for businesses to receive timely financial support from their insurance companies,” said Mitch Doust, Cover Genius’s COO for the Americas. "With just a few clicks of a button, this seamless integration will deliver unprecedented convenience and access to small business owners and furthers Next’s mission of being a one-stop-shop for all of their insurance needs. When COVID-19 upended the small business community, QuickBooks used its fintech experience to help customers get more than $1 billion in SBA-approved PPP loans and save hundreds of thousands of jobs.