Feb 12, 2024 | 401(k), Plan Sponsors
In times of crisis or unforeseen circumstances, plan sponsors play a critical role in helping employees navigate financial challenges. One option available to employees facing financial hardships is the ability to make emergency withdrawals from their 401(k)...
Jan 11, 2024 | 401(k), Government Regulation, Participants, Retirement Plans
Now that 2024 has arrived, it brings with it new changes that significantly impact retirement plans, specifically for part-time employees who have been working for your organization for a long time. The SECURE Acts have ushered in modifications to retirement...
Nov 16, 2023 | 401(k), Contributions
As we approach the new year, it’s important to stay informed about changes that may impact retirement plans. Most recently, the Internal Revenue Service has announced significant changes to 401(k) contribution limits in 2024, allowing individuals to save even...
Oct 24, 2022 | 401(k), Retirement Plans
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...
Jul 20, 2022 | 401(k), Retirement Plans
Changing jobs is inevitable at some point in a person’s life. There are many reasons this happens, but it is important to be prepared to transfer your 401(k) so that you aren’t losing money. It’s crucial that a person remembers to do this to ensure their financial...
Jun 29, 2022 | 401(k), Retirement Plans
Starting a business is a stressful and exciting venture to embark upon. While creating your business plan, it’s important to consider retirement plans. Thinking about retirement may be nerve-wracking, but it is crucial that you have a plan set up for when that time...
