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.
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.
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.
Shopping for a 401(k)? Ask These Questions.
The vernacular of retirement benefits can sound like a foreign language. And, because the best 401(k) providers vary so much in what they offer and how much they charge, it can be difficult to do a good comparison.
401(k) or Secure Choice: The Ultimate Guide
With secure choice plans being offered in more and more states, it’s important to understand enough details to advise clients properly on their best options. Retirement plan decisions can have far-reaching consequences for both employer and employee.
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!