Your guide from hire to retire.
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 […]
All Things 401k | Should You Add an Automatic Safe Harbor IRA to Your Plan? High employee turnover could lead to a rise in small 401(k) accounts. Explore how adding a Safe Harbor IRA provision to your plan may help reduce plan costs and potential fiduciary risks. In 2022, more […]
For those individuals and families planning their financial legacy, December 31st, 2025, is an important date to keep in mind when thinking about taking advantage of unprecedented transfer and gifting opportunities under the current tax environment. While taxation should never be the only reason to transfer assets or make major gifts, […]
Guide to Retirement | Employee Newsletter: Your Money Check-up Financial education has become increasingly important in today’s job market. Workers are looking to their employers for financial wellness resources. By providing financial education to your employees, you’ll be helping them build the skills they need to help manage their finances […]
All Things 401k | How Can Our 401(k) Plan Help Us Attract and Retain Star Employees? With thoughtful design features, you can structure a 401(k) plan that stands out in a time of talent scarcity and meets your employees’ needs. Looking to attract and retain high-quality talent in today’s competitive […]
Creating a Respectful and Open World for Natural Hair The CROWN Act was recently passed by the State of Michigan. The Act prohibits discrimination based on “natural and protective hairstyles”, particularly those associated with race by updating the Elliott-Larsen Civil Rights Act to include this category. The intent is to […]
All Things 401k | Digital Communications – Employee Engagement Edition After the events of the last few years, employers are becoming more aware of the positive impact of financial wellness. A well-crafted financial wellness program can provide employees with the knowledge and tools to understand why, when and how to […]