JPMorgan Chase Launches Everyday 401(k) Solution for Small Businesses

JPMorgan Chase today announced the launch of Everyday 401(k) by J.P. Morgan, giving the firm's thousands of small business clients and their employees the ability to simply plan, save and invest for retirement. Leading retirement solutions provider SS&C Technologies (Nasdaq: SSNC) will act as the underlying recordkeeper for Everyday 401(k).
Through Everyday 401(k), small business owners can quickly and easily set up a 401(k) plan by selecting J.P. Morgan Asset Management's ready-to-use solutions or by customizing their own plan. Plans start as low as $75 per month, and $5 per participant per month.