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) 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.
Fintech Solutions are Changing the Retirement Industry
Fintech is carving out a place all its own in the retirement industry, making a big splash in the 401(k) small plan market, where many of the 50 million Americans who don’t have access to a company-sponsored retirement plan work. And in the process, it’s making 401(k) plans a lot less expensive than the traditional legacy systems many recordkeepers use.
How Modern 401(k) Providers Eliminate Complexity
The new generation of retirement plans streamline the process to eliminate most of these steps, saving not just hours or days, but potentially weeks of time and hassle.
Getting to Know the SECURE Act
I know that you’re all excited to hear the nitty-gritty details of the Setting Every Community Up for Retirement Act or SECURE Act, and that’s why you’ve found yourself here, reading this.
6 Media Resources Every 401(k) Advisor Should Follow
To keep up with changes, and be prepared to best serve clients, 401(k) advisors should find the most up-to-date industry resources available – or let the resources find them!
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.