Imagine a roofing company. If that company has an incentive to offer workers a retirement plan with company-provided matching contributions, it may be the only avenue those workers have to produce a cushion at the end of their working career. 

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.

401GO’s founders are serial entrepreneurs who wanted to offer their employees the many benefits of a 401(k) plan — only to discover that the status quo presented impediments serious enough to make it nearly impossible. 

Have you heard of a Safe Harbor 401(k)? Maybe you have, but you don’t know how it works. Or you know how it works, but you’re not sure it would be right for your small business. Today, we’re going to work through these questions to help you decide whether a Safe Harbor 401(k) plan would work well for your situation. At 401GO, we work with small and medium-sized businesses that want to sponsor 401(k) plans for their companies, helping to make everyone’s retirement more secure.

Batman vs. Superman. Hulk vs. Wolverine. Frankenstein vs. Dracula. These are legendary contests, and while we don’t claim that 401GO vs. Colorado SecureSavings is as entertaining as the others, we assert that the results are much more relevant. Our contest is more like a presidential debate than a boxing match, and we’re letting you decide who the winner is.

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.