March 21, 2022

Is a Safe Harbor 401(k) Plan right for your business? There are several types of 401(k) plans and features available to employers that have different rules, requirements, and advantages. It is important for employers to be familiar with the details of plan options so that they can make the best choice that supports their company goals

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February 22, 2022

You started a 401(k) plan for your business, but you’re continuously wracking your brain with the extra administrative work it requires. From running the program and choosing investments to keeping costs low and maximizing participation, the responsibilities on your shoulders are endless. What started as doing the right thing turns into one big headache. If you’re

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January 24, 2022

Employee turnover is a huge problem.For one, it’s an expensive problem. Some studies predict that every time a business replaces a salaried employee, it costs 6 to 9 months’ salary on average. For a manager making $100,000 a year, that’s $50,000 to $75,000 in recruiting and training expenses.Another issue is the administrative hassle involved. Your

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January 24, 2022

Do you believe that 401(k) plans are only for large businesses? Think again.Today’s top employees want more than just a good paycheck. Offering a retirement plan is a no-brainer for winning the talent war! After all, the days of retiring with a pension and Social Security are long gone. A 401(k) can be the difference

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December 22, 2021

The Internal Revenue Service announced that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from $19,500 for 2021 and 2020. The IRS also distributed information regarding the cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for the tax year 2022. Need help with

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