3 Problems That Make Your Small Business 401(k) Plan Too Expensive (and How to Fix Them)
If you’re struggling with the high cost of offering a client or employee retirement plan, you may not want to give up just yet. Understanding some of the factors that drive the expense of retirement savings plans can help identify an affordable 401(k) program for your business.
Any Size Business Can Offer A 401(k) Solution
Smaller organizations offering retirement plans to staff can use these services as a major differentiator when sourcing top-tier talent.
Pay Off Debt or Contribute to 401(k)?
Your age will be the vital factor to decide whether to repay your debt first or to save for retirement first. The ideal way is to pay off your debt and save for retirement; both at the same time.
Why a Safe Harbor 401(k) Plan?
When it comes to selecting a 401(k) plan, you may not know where to start. You may be confused by the options, and do not know what questions to ask.
Why a 401(k) Syndicate is the Best Option for a Chamber of Commerce
The traditional offering for a retirement benefit plan for a chamber of commerce is to sponsor a MEP. But the MEP is simply the wrong fit for this type of organization.
The Future of Retirement and the 401(k) Syndicate
Many Americans tend to think that a 401(k) plan is an auxiliary benefit, much like taking vitamins to stay healthy. Regardless, the 401(k) is the primary retirement vehicle in the United States today.
The Free 401(k) Plan
A 401(k) generally has a stigma of being too expensive and too time-consuming for small businesses in particular. The reality is that it can be simplified and it can be affordable.
401GO Cares and the CARES Act 401(k) Rules
In 2020 the over $2 Trillion dollar Coronovirus Aid Relief and Economic Security (CARES) Act passed. This legislation has many provisions in it to help with the situation that many face.
What to Expect When You’re Expecting a 401(k) Plan
The bigger question is what commitment is having a 401(k) plan going to be on you? Will you be able to pay for the benefit?
401(k) Fiduciary Guide
Who is a fiduciary? In general, a fiduciary is anyone who exercises authority or control over the management of a retirement plan or its assets.