Small Business 401(k) Questions and How Accountants Can Answer Them
In my 25 years working with accountants, I have learned that small business owners lean on their accountants heavily. They’ll look to them for not only financial advice, but even technology and business development. Questions about retirement options and 401(k)s are common, and smart accountants need to have answers ready. Here’s how to lead your […]
401GO is the Disruptive Force Behind a New RetireTech Paradigm
Most technological advances are incremental, with new products offering small improvements over those that preceded them. Rarely does a new entrant go to market with a solution that represents an order of magnitude improvement over the status quo. 401GO happens to be an exception.
401(k) Plans are a Startup’s Secret Weapon
When startup founders learn that I work for 401GO, they often comment that they look forward to the day they can offer a 401(k) plan. And that’s my cue to start preaching.
HCM Companies Should Partner with 401(k) Providers
In my experience, HCM companies want to be a complete solution for their clients, and offer them a full range of the services they need. Bundling various products together and selling them under one brand creates value that is enticing to potential clients.
Why It’s Important to Think About a Safe Harbor 401(k) Plan Now
You’ll hear a lot about Safe Harbor 401(k) plans this month, and with good reason. But they come with a few regulations that business owners need to be aware of.
Are Small Businesses Required to Provide a 401(k) Match?
As a small-business owner, if you’re thinking about sponsoring a 401(k) plan, you may wonder about a company match. Are small businesses required to offer a 401(k) match, or is it merely an option? The short answer is no, you don’t have to provide matching contributions to your employees’ 401(k) accounts, but there are good reasons to do it anyway. Below, we discuss the pros and cons of providing employer matching contributions as part of your 401(k) plan.
OregonSaves Pros & Cons
OregonSaves, the country’s first state-mandated Secure Choice retirement plan, celebrated its sixth birthday in 2023. It already has $200 million invested on behalf of the approximately 118,000 workers in the state who use the plan to save toward their retirement.
Understanding ERISA Bonds for 401(k) Plans
If you’re thinking about sponsoring a 401(k) plan at your company, you should know about ERISA bonds.
5 Ways SMBs Can Reduce Payroll Taxes
Don’t pay more taxes than necessary! We have laid out for you five ways you can reduce your payroll taxes.
How a 401(k) Helps with Payroll Taxes
One of the benefits of becoming a 401(k) plan sponsor include reducing your business’s tax liability. Let’s take a look at how it works.