Minnesota Becomes Latest State to Implement a Retirement Mandate
The Minnesota Secure Choice Retirement Program requires employers with 5 or more employees to offer a retirement plan starting in 2026, but you can avoid the state-run IRA’s limitations by choosing an automated 401(k) plan from 401GO. About 40% of American adults have no money set aside in a retirement savings plan. Specifically, nearly one […]
Why Financial Wellness is Your Business’s Secret Weapon
Financial health doesn’t live in a vacuum. It’s not a box you can tuck away at 9:00 AM and pick back up at 5:00 PM. Financial stress follows people into the office, affecting their focus, health, and overall productivity. You can support employees by offering a retirement plan. But to truly help your team and […]
Get to Know the SECURE 2.0 Tax Credits for Small Businesses
If you, like many other business owners, have ever considered offering a 401(k) at your company but hesitated because of cost, it might be the time to reconsider. Thanks to the SECURE Act 2.0, the government is offering major tax credits that can reduce or even eliminate the costs of starting and running a retirement […]
Your Guide to Key 401(k) Responsibilities and How to Make It Easy
If you’re thinking about offering a 401(k) plan to your employees, you’re already on the path to being a workplace hero. But let’s be real—sponsoring a 401(k) comes with some serious responsibilities. Don’t worry, though! I’m here to break down 7 key areas you need to know about in a way that’s easy to digest, […]
Big news: We’re Partnering with Heartland
Heartland decided to take our relationship to the next level by making 401GO their preferred 401(k) plan provider and the engine behind what they are calling Retire powered by 401GO.
2025 401(k) Contribution Limits Explained
Saving for retirement is one of the most important—and often overwhelming—financial goals. For those using a 401(k) to build their nest egg, the Internal Revenue Service (IRS) sets annual contribution limits to help you maximize your savings while adhering to federal guidelines. Each year, these limits are adjusted, typically as a response to inflation and […]
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 […]
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.
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.