A 401(k) plan supports employees and strengthens a company’s tax strategy. But not all plans are created equal. The real value comes from how contributions are allocated. That design decision determines whether your plan is simply a compliance checkbox or …
Retirement plans are often designed at a moment in time. A small team. Predictable costs. Straightforward administration. At that stage, decisions feel manageable. Eligibility rules are simple. Contribution formulas are easy to model. The workforce is stable enough that testing …
A Practical Guide for Plan Sponsors
When business owners hear the term “top-heavy,” their first reaction is often concern. That perception is common, but it is not accurate. In reality, top-heavy status is not a problem at all. For many …
If you’ve ever wondered whether your employer’s match counts toward your 401(k) contribution limit, you’re not alone. It’s one of the most common questions we hear from business owners …
Retirement plans are built on trust. Plan sponsors trust their providers to manage the technical work, keep the plan compliant, and protect participants’ best interests. Advisors trust that the plan is structured correctly …
Retirement plan design has historically favored large corporations with the scale to spread costs and compliance across thousands of employees. Business owners had to choose between sponsoring a standalone 401(k) plan which can be …
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 …
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 …
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,