Are you interested in setting up a small business 401k plan? There are several factors to consider: choosing which plan you would like to go with, how to set it up, and even how to maintain it. If you are a small business owner interested in offering the benefit of retirement planning for your employees, […]

The Coronavirus pandemic has left no industry unaffected as sustained unrest and periodic lockdowns altered the financial stability of the business. With these adverse financial effects, employees and employers alike have been forced to re-evaluate how they interact with their 401k accounts and what that ultimately means for their retirement savings. Plan sponsors across the

Employees and employers alike are often at odds about the best type of retirement plans. Different budgets have different needs and some employee benefit packages offer more perks than others. Typically, employers offer one of the many 401 retirement accounts— most popular in this category is offering a 401k. However, employees tend to be skeptical

Plan administrators don’t always start off as such— sometimes, they begin as small business owners who want to offer their employees something extra for their service. These offerings attract more talent to the company in addition to helping employee retention over time. However, offering a 401k plan is not a simple matter. With the various

As a plan sponsor, you are placed in a position of responsibility. As employees give you the clearance to invest and manage their savings, there is due diligence you must comply with in order to ensure the best outcome given all possible variables. Unfortunately, with the volume of responsibilities you often need to be mindful

In the U.S., individuals from all demographics were, and continue, to be impacted by the coronavirus pandemic. While there will be an eventual end to the uncertainties we collectively face, the coming months are going to define my changes to adapt to the current reality. Due to work restrictions and social distancing, many have been

For many Americans, financial disarray is closer than they want to admit. In fact, according to assessments made by Statistica, roughly 24% of all Americans have less than $1,000 in savings and a staggering 45% of Americans have no savings at all. In the era of coronavirus, the legal landscape is changing quickly to accommodate