May 17, 2023 | Retirement Plans
When retirement planning one of the key decisions to make is whether to opt for a Non-ERISA or ERISA retirement plan. ERISA stands for Employee Retirement Income Security Act, which is a federal law that sets minimum standards for retirement plans in the private...
Apr 20, 2023 | Government Regulation, Participants, Retirement Plans
Thanks to the recent increase in contribution limits, plan participants are rewarded for investing in their retirement plan now more than ever. While this is an important part of securing the financial future of employees, it’s equally important to ensure you are...
Feb 15, 2023 | Contributions, Retirement Plans
Both a 403(b) and a Roth individual retirement account—IRA—can provide you with the tools necessary to prepare for retirement. However, there are a few important distinctions that set the two apart. Knowing how each plan works and the key differences between 403(b) vs...
Jan 18, 2023 | Government Regulation
It’s official. At the end of last year, President Biden signed the bill that officially greenlit the Setting Every Community Up for Retirement Enhancement Act of 2022—better known as SECURE Act 2.0. This new legislation, which took effect on January 1st of 2023, is...
Dec 21, 2022 | Government Regulation, Plan Sponsors
When it comes to owning a business, there’s a lot to keep track of. From monitoring quality control to managing business expenses and everything in-between, you may think keeping track of your employee benefit plan records can rest at the bottom of your priority list....
Nov 17, 2022 | Contributions, Retirement Plans
Recently, the Internal Revenue Service announced It would be raising the maximum contribution limits for tax-deferred retirement plans by 9.8% in 2023. This is an exciting development for both plan sponsors and employees. With a variety of retirement plans to choose...
