403(b) Contribution Limits
A lot of people are familiar with 401(k)s, even though the name could not possibly be less catchy or memorable (if you didn’t know, it’s named for a tax code). Fewer people are familiar with 403(b)s, which are essentially retirement vehicles for those working for nonprofits, such as teachers, the military and other government workers. A 403(b) is very much like a 401(k), but there are some differences that are worth knowing if you work for a nonprofit, such as what the contribution limits are.
Strategies for Boosting Employee Participation in 401(k) Plans
Since the more participants you have, the better your plan works, we want to go over with you some ways in which you can encourage and successfully convince employees to participate in your 401(k) plan.
Does Your Company Need to Do a 401(k) Audit?
Not every 401(k) needs to be audited. How do you know if your business is required to perform annual 401(k) audits?