What Actually Happens When You Fail 401(k) Testing
Do you treat 401(k) testing as a secondary, last minute task? If you understood what happens when a plan fails 401(k) testing, you wouldn’t want to put it off. While simple if caught in advance, leaving testing to last minute could result in unintended consequences. Take a minute to go beyond the technical jargon and […]
2026 IRA Limits: Your Simple Guide to Saving Smarter
In 2026, staying on top of retirement rules is more than just something to check off your list; it’s how you protect your hard-earned money. If you’ve been looking for a way to save beyond your employer’s plan, an Individual Retirement Account (IRA) is your best friend. At 401GO, we’re all about making the complex […]
Understanding 401(k) Plan Audits is a Must for Financial Advisors
Navigating the complexities of 401(k) plan audits can be daunting, but crucial for financial advisors supporting plan sponsors. I recently spoke with Nate Davis from Haynie & Company on the importance of these audits and how to approach them for success. Read the highlights below. The Importance of Annual 401(k) Plan Audits Annual audits are […]
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’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 […]
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.