Capital One recently announced the launch of a new retirement savings product designed expressly for small business.
The product, Spark 401k, provides low-cost, digitally-managed 401(k)s targeted specifically to companies with one to 100 employees, the company says. It utilizes exchange-traded funds (ETFs), a type of index fund, as the investment instrument.
Capital One Announces Spark 401k, a Low-Cost, Digitally-Managed Option for Small Businesses
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