"Compensation" Articles

Why Employers Should be Working with Plan Consultants for Employee Benefits

March 2020

Compensation, Plan Design, Retirement Plans, Welfare Plans

WHETHER we like it or not, the benefits package on offer to employees is an essential part of the recruitment and retention process for our teams. Startups and small businesses are often simply not in a position to offer any benefits... Read more

What Benefits Do Employees Want the Most?

February 2020

Compensation, Plan Design, Retirement Plans, Welfare Plans

With unemployment at record lows in the United States and no apparent end in sight to the longest bull market in history, one downside for businesses is finding and keeping good people. Which is where the pressure is on business... Read more

Tax Infested Retirement?

November 2019

Compensation, Plan Design, Retirement Plans

YOU are hard at work saving for your retirement – putting money diligently away into a 401(k) and your IRAs. And the best bit is Uncle Sam is not taking his cut from you – all your saving is being... Read more

The difference between a welfare plan and a retirement plan (and why you need help picking them both!)

February 2019

Beneficiaries, Compensation, Contributions, Distributions, Plan Design, Retirement Plans, Welfare Plans

When it comes to your business, you can’t afford to skimp on your company’s retirement or welfare plan. A solid employee welfare plan can help attract and retain talent, differentiating your business from competitors. By offering a competitive welfare and... Read more

Including Millennial Workers in 401k Plan Design

January 2019

Compensation, Contributions, Distributions, Plan Design, Retirement Plans

Businesses all over the United States are seeing changes in their workforce as baby boomers begin to retire and more and more millennials enter the workforce. In fact, according to a U.S. Bureau of Labor Statistics study, millennials became the... Read more

Should I Be Withholding 401(k) Deferrals If My Employee Leaves?

February 2018

Compensation

Determining what counts as compensation for your plan can sometimes be confusing, especially when you are paying amounts to participants who have left employment. When someone leaves employment, you may or may not be able to use their final compensation... Read more