Jan 13, 2022 | 401(k), Contributions
It’s common for plan administrators, especially new ones, to make the occasional error while managing a 401(k) plan. While correcting 401(k) contribution errors can easily be done, it is important to remember that these mistakes can also lead to penalties, liability...
Dec 16, 2021 | Retirement Plans
Choosing the right retirement plan for your company or organization can be a daunting task. There are so many different types of plans and each plan functions differently. Local and federal regulations can also affect which plans are available to your company. To make...
Nov 11, 2021 | Retirement Plans
Funding for retirement plans can vary from plan to plan. Some plans are entirely funded by the employee while others have contributions from both the employee and the employer. Others, though, like a profit-sharing retirement...
Oct 28, 2021 | Third Party Administrators
Owning or managing a business can be a lot of hard work. From making sure that you find the best employees for the job to managing business expenses, there are a lot of things that need to be taken care of on a daily basis. Managing your company’s employee retirement...
Oct 21, 2021 | Retirement Plans
The type of organization that you work for can determine the retirement plan options available to you. For example, a small business will be more limited on the amount of funds that they are able to contribute to an employee’s retirement so they may pick a plan that...
Sep 30, 2021 | Retirement Plans
Is your company thinking about switching retirement plans to a cash balance plan? Are you considering switching your own retirement savings plan to a cash balance plan? If yes to either of these questions then it is important to understand the pros and cons of a cash...
