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!)
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
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
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
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
Just a quick update: After we sent out the new Limits for 2018 in last month’s newsletter, the Social Security Administration reduced the 2018 wage base slightly from $128,700 to $128,400.