401(k) Success Strategies for the New Year
With focus now shifting to the New Year with a time for fresh starts, for business owners, it’s the perfect opportunity to focus on financial strategies that benefit both your company and your employees. One powerful tool to prioritize is your 401(k) plan. Whether you’re starting from scratch or looking to optimize an existing plan, […]
SIMPLE IRA to 401(k) Conversion Can Be Done Anytime
Many business owners hoping to provide a retirement savings benefit for their employees begin that journey by offering a SIMPLE IRA, because they are easy to set up and maintain. But as time passes, companies often outgrow their SIMPLE IRA and seek to replace it with something more robust, such as a 401(k) plan.
401(k) Plans are a Startup’s Secret Weapon
When startup founders learn that I work for 401GO, they often comment that they look forward to the day they can offer a 401(k) plan. And that’s my cue to start preaching.
HCM Companies Should Partner with 401(k) Providers
In my experience, HCM companies want to be a complete solution for their clients, and offer them a full range of the services they need. Bundling various products together and selling them under one brand creates value that is enticing to potential clients.
Why It’s Important to Think About a Safe Harbor 401(k) Plan Now
You’ll hear a lot about Safe Harbor 401(k) plans this month, and with good reason. But they come with a few regulations that business owners need to be aware of.
Why a Cash Balance Plan is Good for Small Businesses
Cash balance plans are emerging as the hybrid that the market is looking for, as they boast the high contribution limits of defined benefit plans and the straightforwardness of defined contribution plans.
State Retirement Mandates and Hiring: Attracting Talent to Small Businesses
At first glance, having to stay in compliance with more laws may seem like a bad thing. But if you look at it slightly differently, you may realize that you can benefit from your state’s retirement plan mandate.
The Power of Compound Interest: How to Build Wealth for Retirement
If you haven’t had much of a financial education, the idea of calculating compound interest may make your eyes glaze over. But don’t let it!
5 Ways SMBs Can Reduce Payroll Taxes
Don’t pay more taxes than necessary! We have laid out for you five ways you can reduce your payroll taxes.