• Brownsburg Buzz
  • Posts
  • The Buzz - Martin Luther King Jr. Events, PEPs For Small Business

The Buzz - Martin Luther King Jr. Events, PEPs For Small Business

Issue #008/ Jan. 15, 2024

15 Jan

 In This Issue of the Buzz:

  📅 Upcoming Local Events

✳ "Martin Luther King Jr. Events In And Around Indy”

✳ "How PEPs (401k) Benefit Small Businesses”

 🏈 BCSC Sports Results Jan. 12 - Jan. 14, 2024

  ☂ Local Weather

 💲 Local Business Partners

Upcoming Local Events

January 2024

February 2024

  • February 1, 2024: Boys Basketball Game vs Crispus Attucks, 7:30 pm - Schools and Education

  • February 1, 2024: Brownsburg Rotary Club every Thursday at The Locale, noon - Local Events

  • February 3, 2024: Times & Dates Subject to Change. Please Check with Organization - Local Events

  • February 5, 2024: Check out events at your Brownsburg Library - Brownsburg Library Events

Martin Luther King Jr. Events In And Around Indy on Jan. 15, 2024

Indianapolis MLK Jr. Day Events:

  • Madam Walker Legacy Center:

  • Indiana Historical Society:

    • Free admission at the Indiana History Center on Jan. 15.

    • Storytelling, music, and service-focused activities from 10 a.m. to 4 p.m.

    • Storytime at 10:30 a.m. and a concert at 2 p.m.

    • More information.

  • Eiteljorg Museum:

  • Indianapolis Zoo:

    • Free admission with a donation for Gleaners Food Bank.

    • Donation jars available for contributions.

    • More information.

  • Indiana State Museum:

    • Multicultural performances and community activities like mural creation and speech-making.

    • Free admission with suggested donation to Gleaners Food Bank.

    • More information.

  • White River State Park:

    • Free admission with suggested donation to Gleaners Food Bank.

    • Complimentary parking on Jan. 15.

    • More details.

Transforming Retirement Savings: How PEPs (401k) Benefit Small Businesses

The Pooled Employer Plan (PEP), a significant innovation in retirement planning compared to the 401(k) since its introduction in the 1970s. PEPs are designed to provide small to mid-size businesses, especially those without union workers, access to retirement benefits previously more accessible to larger companies. Under the SECURE Act, PEPs allow unrelated businesses to share a retirement plan, managed by a professional Pooled Plan Provider (P3), easing administrative burdens and reducing liability for employers.

PEPs are beneficial for small businesses that face hurdles in establishing traditional 401(k) plans. They offer cost savings, reduced fiduciary risk, simplified administration, and potential tax credits. Businesses can customize their PEP with various features like matching contributions and profit-sharing options. These plans are especially advantageous post-COVID-19, offering employees more accessible and affordable retirement planning.

Comparatively, PEPs differ from individual 401(k) plans in aspects like cost, setup responsibilities, fiduciary risk, and tax credits. The article suggests it's an opportune time for businesses to consider setting up a PEP to benefit themselves and their employees.

Brownsburg High School Sports

High School Boys Varsity Basketball Results:
Saturday, Jan 13, 2024
Friday, Jan 12, 2024
Friday, Jan 12, 2024

High School Girls Varsity Basketball Results:
Friday, Jan 12, 2024
High School Boys Varsity Wrestling Results:

Bethesda Christian High School Sports

High School Boys Varsity Basketball Results:

Friday, Jan 12, 2024

High School Girls Varsity Basketball Results:

Saturday, Jan 13, 2024

Visit Our Partners:

Haven’t subscribed yet? Subscribe to Brownsburg Buzz NOW!