Picture this. You’re a new employee at your organization and on your first day, they give you the employee handbook. What’s your reaction: Is it written in a way that you might actually read it? Does it represent the kind of culture described during the recruiting process? Is it up […]
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All Things 401k | Wrapping up 2023: A Comprehensive Guide to End-of-Year 401(k) Tasks As the end of 2023 draws near, those responsible for their company 401(k) plan have much to consider. With a combination of standard annual tasks and new SECURE Act provisions on your plate, we are here […]
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All Things 401k | 6 Common Administrative Tasks That Can Morph Into 401(k) Plan Headaches Managing a 401(k) plan can leave even the most seasoned administrators feeling overwhelmed. With proper support, you can simplify the complex task of retirement plan management. Top 401(k) Plan Headaches The first step is to […]
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Early in my career I hired someone who came to us from local government where compensation information was publicly available. Right after she started, a coworker asked about her compensation, which she shared. Since she was paid more than her longer tenured peer, it created quite the fuss. At that […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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