A 401(k) plan is one of the most powerful tools a business can use to support employees and strengthen its tax strategy. But not all plans are created equal. The real value comes from how contributions are allocated. That …
What Is the SECURE Act 2.0?
In December 2022, The SECURE Act 2.0 was passed bringing noteworthy changes to retirement savings in the United States. It works to make saving for retirement more accessible and flexible for individuals across various …
As a business owner, your time is precious, and figuring out how to manage that time can be overwhelming. The more success you find in your industry, the more your list of responsibilities grows. To have a firm grasp on …
What Is a Safe Harbor 401(k) Plan?
A Safe Harbor 401(k) plan offers a straightforward way for businesses to help employees save for retirement while simplifying compliance for employers. Unlike traditional 401(k) plans, Safe Harbor plans require specific employer contributions,