Understanding the Automatic Contribution Arrangement (ACA)
Financial security in retirement is a goal many aspire to achieve, but saving for the future can often fall by the wayside in the midst of life’s immediate priorities. Enter the Automatic Contribution Arrangement (ACA) — a framework designed to simplify and encourage consistent retirement savings through employer-sponsored plans. What is ACA? The Automatic Contribution […]
Year-End Checklist for Payroll and Benefits Compliance
As 2024 comes to an end and things quiet down for a few days, it’s a good opportunity for outsourced payroll and benefits administrators to make sure 2025 begins in full compliance. Here’s a list of important items you’ll hopefully have buttoned up already. 1. Payroll Compliance 2. Benefits Compliance 3. Tax Compliance 4. Vendor […]
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 will 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 is how to […]
Announcing 401GO’s Cash Balance Plan Education Webinar Series
In October, 401GO co-founder Jared Porter was a panelist on a webinar dedicated to helping financial advisors better understand the cash balance plan. That event was very well received and resulted in several attendees asking for additional training. We work hard to listen to our advisor partners, and have launched a cash balance education webinar […]
Everything Is Easy with 401GO – Especially the 401(k) Setup Process
I remember when I sold my first 401(k) plan back in…well, let’s just say it was long enough ago that my company at the time required us to fax in the client’s new plan paperwork to initiate the setup process. Yep, I said “fax”. It wasn’t just a few pages and a few signatures. It […]
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.
Enjoy Your Summer: 401GO Can Set Up Your Safe Harbor 401(k) in Minutes
So why are all the other 401(k) providers getting all worked up on social media, saying it’s urgent that the process of creating a new safe harbor plan must begin immediately if that distant deadline is to be met? Is it possible their calendars are broken?
401(k) Plans Are Making a Big Impact for Construction Workers
Imagine a roofing company. If that company has an incentive to offer workers a retirement plan with company-provided matching contributions, it may be the only avenue those workers have to produce a cushion at the end of their working career.
Why a Cash Balance Plan is Good for Small Businesses
Cash balance plans are emerging as the hybrid that the market is looking for, as they boast the high contribution limits of defined benefit plans and the straightforwardness of defined contribution plans.
Technology is a 401(k) Game Changer for Small Businesses and Financial Advisors
401GO’s founders are serial entrepreneurs who wanted to offer their employees the many benefits of a 401(k) plan — only to discover that the status quo presented impediments serious enough to make it nearly impossible.