"Retirement Plans" Articles

Have 401(k) Plan Rules Changed under the Tax Cuts and Jobs Act of 2017?

May 2019

When the recent tax law changes were being drafted, there had been some concern that drastic changes were in store for 401(k) plans. Some lawmakers had been seeking to limit or eliminate traditional pre-tax contributions in favor of after-tax Roth... Read more

How 401(k) Plan Management Can Help Save Your Clients Money

May 2019

Participant Website, Plan Design, Retirement Plans

As a busy working professional, you know how valuable of a resource time is. As someone who works to help other people save money, you also know time is money. What if there was a way to not only save... Read more

ERISA bonds – What are they and who needs them?

April 2019

General, Plan Design, Retirement Plans, Welfare Plans

An ERISA fidelity bond is a special insurance policy that protects employee benefit plans from risk or loss due to fraud or dishonesty under the Employee Retirement Income Security Act of 1974. The definition of fraud and dishonesty under ERISA... Read more

Pulling from a 401(k) Early – When Should You and When Should You Wait?

March 2019

Beneficiaries, Contributions, Distributions, Plan Design, Retirement Plans

Pre-tax retirement savings accounts such as 401(k)s and IRAs are common ways to save for retirement. Each year, millions of Americans pour money into these accounts. Unfortunately, many of those people find themselves having to pull money from their account... 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

How to Meet Fiduciary Responsibilities for Your Small Business

January 2019

Beneficiaries, Plan Design, Retirement Plans, Welfare Plans

Let’s face it – reviewing your company’s retirement plan design every year can be tedious – and complicated. It can seem like a headache and a hassle – not only for you, but for your employees. After all, as shown... Read more

New Limits for 2019

December 2018

Retirement Plans

For the year 2019, the IRS has made a number of changes to the various limits that govern 401(k) plans. Here are the plan limits for 2019. Please contact your plan consultant if you have any questions about what these... Read more

A Defined Benefit Plan Might Up Your Contribution Allowance

April 2018

Plan Design, Retirement Plans

If you are feeling held back by the limits of what you are allowed to contribute to your 401(k) plan, all hope is not lost. A defined benefit plan may be an attractive addition to your retirement strategy. For the... Read more

Lots of Questions!

January 2018

Retirement Plans

As we enter into tax season, we just wanted to provide a little explanation of what needs to be done for your retirement plan every year to meet IRS and Department of Labor requirements and why we need to ask…... Read more