Your guide from hire to retire.
Less Tax for You. More Money to the Charity. Nothing for the Government. What’s not to love? When you reach 73 years old, you are required to start taking minimum distributions from your traditional IRAs and certain other retirement accounts. These distributions are generally subject to income tax. If […]
All Things 401k | Talent Management and Total Rewards Edition The future of talent management and total rewards is changing. With the SECURE Act 2.0 now in effect, the field of plan design must keep pace with the ever-evolving employment landscape. There are a number of ways that can help […]
Guide to Retirement | Long-Term, Part-Time Overview for 2024 For part-time workers, saving for retirement can be a challenge. Many part-time employees are often excluded from 401(k) plans because they often don’t meet the plan’s eligibility requirements. This includes many students, parents and individuals with multiple part-time jobs. However, new […]
Guide to Retirement | Stock Markets Impact on Retirement Savings The stock market’s movements can cause a bit of anxiety and stress for investors. One of the keys to a successful retirement is to keep saving, no matter what the stock market is doing. It’s always beneficial to connect with […]
All Things 401k | Unlock Employee Potential with Effective and Appealing Total Rewards Program You may have heard of a Total Rewards Strategy. It is a recruiting and retention strategy given that it goes beyond the traditional salary benefits by providing holistic rewards that entail added motivation for employees. This […]
Let’s start this blog with some honesty. We can usually make a blog topic interesting or at least a little bit fun. This one is the exception. I’ve procrastinated writing about this because, frankly, it’s a bit underwhelming. With that, HR professionals need to know that this is changing and […]
All Things 401k | SECURE Act 2.0: What 401(k) Managers Need to Know for 2024 Required for 2024 Luckily, the required changes for 2024 are minimal. Requirement Summary Long-term, part-time employees become eligible to participate in the 401(k) plan. Catch-up contributions are required to be Roth if the participant earns […]
Guide to Retirement | Demystifying Social Security Benefits and Taxation in Retirement Planning Social Security benefits serve as a vital source of income for millions of retired and disabled individuals in the United States. While these benefits are designed to provide financial security, it’s important to understand how they are […]
All Things 401k | Supercharge Your Company’s Retirement Benefits: The Ultimate Guide to Cross-Tested Profit Sharing Plans for Plan Sponsors A Cross-Tested Profit-Sharing Plan is a type of 401(k) profit-sharing plan that allows employers to allocate contributions unequally among employees based on certain predetermined factors. These plans are particularly attractive […]
In today’s fast-paced world, the role of Human Resources (HR) professionals is evolving, thanks to the integration of Artificial Intelligence (AI) technology. AI is revolutionizing various industries, and HR is no exception. HR professionals are now leveraging AI to streamline processes, improve decision-making, and enhance overall efficiency in managing the […]