SECURE Act 2.0: What it Means for Your Employees

SECURE Act 2.0: What it Means for Your Employees

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...
Solo 401(k) Rules: What You Need to Know

Solo 401(k) Rules: What You Need to Know

For workers looking to start their own business or work independently, retirement plans are available that allow these entrepreneurs to build their savings on their own. One such plan includes Solo 401(k)’s: a specific kind of retirement plan for business owners with...
403(b) vs 457(b): What’s the Difference?

403(b) vs 457(b): What’s the Difference?

Of the many accounts out there, employers may offer certain specialized retirement options such as 403(b) and 457(b) plans. Despite the similarities between these two accounts, the plans vary in availability as well as benefits. Here, we’ll discuss the differences...