IRS Update: 2021 Qualified Retirement Plan Contribution Limits
Wondering how much you can sock away for retirement next year? Knowing the limits for different types of accounts can help you maximize your retirement savings AND save money on taxes.
Is 401(k) Profit Sharing Right for Your Company?
Overall, more money tends to make employees happier. Happy employees tend to stay with the company longer. Profit-sharing can be a win/win for employees and employers in small and large companies (and, ironically, non-profit companies can also take advantage of this type of plan).
COVID-19 Update: The CARES Act
Life has been coming at us fast lately as we cope with the COVID-19 pandemic. Yesterday, the Senate passed the CARES Act (Coronavirus, Aid, Relief, and Economic Security Act), which offers over two trillion dollars in aid.
PSA: Retirement Plan Contribution Limits for 2019 and 2020
Wondering how much you can sock away for retirement? Knowing the limits for different types of accounts can help you maximize your retirement savings AND save money on taxes.Last week, the IRS released the new deferral rates for 2020. Without further adieu, see below for the 2019 limits and the new 2020 limits so you can stay on top of your contributions.
Cash Balance Plans Part 2: Five Answers to the Most Frequently Asked Questions
Fall is in the air and we are officially creeping towards the end of the year. If you are a business owner or a partner, this is typically the time of year when your retirement plan crosses your mind. Whether you need a minor tweak or a major overhaul, your retirement plan strategy is worth a review before the end of the year to make sure you are doing all you can to meet the needs of your own retirement, your employee’s needs, and your company’s objectives.
Back to School Series 1: Three Things All Educators in Georgia Should Know about Retirement
It's Back to School here in Georgia. Here are the Top 3 Things Teachers Need to Know about their Teacher's Retirement System of Georgia benefit!
The Journey to "Better"
Passion led us to create a "better" 403(b) retirement option for employees in the non-profit and charter school sectors.
Plan Sponsor Series 6: 401(k) Fees Paid Through Revenue Sharing - A Shell Game?
Does your 401(k) plan utilize a fee payment system known as revenue sharing? Whether you are a plan participant or especially if you are a plan sponsor, you should know. If you are a plan sponsor, you are required to know as a plan fiduciary.