What Is a Safe Harbor 401(k)?
If you’re a business owner considering a 401(k) plan for your employees, you’ve likely come across the term Safe Harbor…
Understanding ERISA Fiduciaries: Types, Roles, and Responsibilities
Navigating the world of employer-sponsored retirement plans means understanding a few key terms and concepts, one of which is ERISA…
What Is an ERISA 3(21) Fiduciary?
When it comes to managing a 401(k) or other employer-sponsored retirement plan, fiduciary responsibilities can feel overwhelming. Employers are tasked…
Pitfalls of Managing a Corporate Retirement Plan
Managing a corporate retirement plan comes with various responsibilities, and avoiding potential pitfalls is crucial to ensuring the financial well-being…
The Distinction Between Financial Advisors and 401(k) Consultants
In the intricate world of employee benefits and financial planning, the roles of professionals can sometimes seem blurred. For Human…
What’s the difference between active and passive mutual funds?
Active and passive mutual funds represent two different investment strategies, each with its own approach to portfolio management and associated…
The Advantages of Offering Employer-Sponsored Retirement Plans
Hey Business Owners! Ever wondered about the secret weapon to attract top talent, boost employee loyalty, and set your business…
What’s the difference between a SIMPLE IRA and 401k?
The 401(k) and SIMPLE IRA (Savings Incentive Match Plan for Employees Individual Retirement Account) are both employer-sponsored retirement savings plans,…
The Hidden Value of Your 401(k) and How to Recognize It in Your Compensation
Your paycheck might feel like the end of the story, but there’s often an untold chapter that holds immense value…
Advantages of a Non-Qualified Deferred Compensation Plan
A non-qualified deferred compensation plan serves as a valuable tool for employers to attract and retain key talent, provide additional…
Who Benefits From a Nonqualified Plan?
A nonqualified plan can be beneficial for certain individuals and companies seeking additional executive compensation options beyond what is provided…
What You Need to Understand About Your Company’s 401k
Here are 8 key points to grasp about your employer’s 401k plan: 1. Voluntary Contribution A 401(k) plan is a…