4 Ways for Financial Advisors to Prospect Small Business 401(k) Clients
By offering your 401(k) services to small businesses, you can add more value to your small business owner clients while creating additional relationships and planning opportunities with employee participants.
How Do Non-Elective 401(k) Contributions Work?
Sometimes called “profit-sharing plans,” non-elective 401(k)s can be a powerful tool for small businesses to retain good employees, reduce taxes, and help business owners prepare for their own retirement.
401(k) Fiduciary Responsibilities Employers Need to Know
Employers can outsource many of their fiduciary duties, allowing them to utilize a provider like 401GO to cover many aspects of their 401(k).
401(k) vs. SIMPLE IRA: Which is Right for Your Business?
While these retirement plans have many core features in common, they’re also very different. Let’s explore those differences.
The 3 Most Popular Small Business 401(k) Plan Features
Some small business 401(k) plan features are more popular than others, and for a good reason. Here are the most popular ones.
Are You Ready for Retirement? Most Business Owners Aren’t.
Small business owners are sometimes underprepared, and haven’t given enough thought to their retirement savings strategy.
The Future of FinTech: An Automated 401(k) with Live Human Support
When questions arise, automated support is rarely an ideal solution for end users. The best fintech providers understand this problem.
How a 401(k) Reduces Your Taxes
A 401(k) comes with various benefits, from tax deductions and credits to increased employee retention and satisfaction.
What Does a New 401(k) Plan Actually Cost?
Old plans were bulky, often cost-prohibitive for smaller employers, but the new generation of 401(k) plans are much more affordable.
401(k) Compliance: What You Need to Know
To ensure fairness, the ERISA regulations specify best practices in establishing a 401(k) plan. Each 401(k) plan is required to perform annual nondiscrimination tests, and report on the details of the plan operation.