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,…
Employers
Below you’ll find guides for employers who play a key role in shaping their organization’s retirement benefits.
Whether you’re evaluating your first 401(k) plan or expanding into cash balance or non-qualified plans, these expert resources are here to help you design, implement, and manage plans that meet the needs of your workforce and your business.
In this category, you’ll learn how to:
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Select the right retirement plan to match company goals and budget
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Understand plan responsibilities and compliance requirements
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Support recruitment and retention through competitive benefits
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Integrate non-qualified plans for leadership or key employees
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Control plan costs while maximizing value for participants
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Work effectively with advisors, administrators, and service providers
These articles are ideal for executive leadership, finance teams, and decision-makers responsible for employee benefits and organizational planning.
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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…
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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…
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What is a Recordkeeper?
A recordkeeper is a key service provider involved in the administration and management of retirement plans, including 401(k) plans. The…
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Questions to Ask a Recordkeeper before Hiring Them
Selecting the right recordkeeper for your company’s 401(k) plan is a critical decision. Asking the right questions can help you evaluate…
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Disadvantages of Hiring a Corporate Retirement Consultant
While hiring a corporate retirement consultant can bring numerous benefits, it’s essential to consider potential disadvantages to make an informed…
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Advantages of Hiring a Corporate Retirement Consultant
Hiring a corporate retirement consultant for your company can offer several advantages, contributing to the overall success and effectiveness of…
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What is a 401k advisor?
The terms “401k consultant” and “401k advisor” are often used interchangeably, but they can have nuanced differences in their responsibilities…
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What is a 401k Consultant?
The terms “401(k) consultant” and “401(k) advisor” are often used interchangeably, but they can have nuanced differences in their responsibilities…
