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...
Feb 10, 2022 | Contributions, Retirement Plans
At the end of 2021, the IRS announced the cost-of-living adjustments for 2022. These adjustments affect the 2022 retirement contribution limits. The Social Security Administration also announced that social security benefits would increase by 5.9% in 2022. This...
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 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...
