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…
business owners
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…
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,…
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…
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…
Who Would Benefit from a Cash Balance Plan?
A Cash Balance Plan can be particularly beneficial for certain types of individuals or companies. While it’s essential to consider…
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…
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…
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…
What is a Cash Balance Plan?
A cash balance plan is a type of defined benefit pension plan that has some characteristics of a defined contribution…
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…