Complying with Safe Harbor Deadlines

Complying with Safe Harbor Deadlines

Complying with Safe Harbor Deadlines All 401(k) plan contributions have deposit deadlines, and it’s up to 401(k) fiduciaries to meet them. Yet, many are unclear about the deadlines applicable to their 401(k) plan. That confusion can easily lead to late contributions....
Bucket List: Retirement

Bucket List: Retirement

Bucket List: Retirement The economy continues at its strong pace, keeping unemployment at its lowest rate in nearly 50 years. While this is usually good news, employee financial vulnerability is clouding this sunny forecast. The repercussions are impacting their...
Protect Your 401(k)

Protect Your 401(k)

Protect Your 401(k) Though some employers may not think so, the truth is that in today’s world 401(k) plans are subject to fraudulent activity and that the often-overlooked retirement plan can be the perfect place for it to occur. For example, in late 2017,...
Automatic Enrollment is on the Rise

Automatic Enrollment is on the Rise

Automatic Enrollment is on the Rise With the future of Social Security in question, it is becoming ever increasingly important for workers to self- prepare for post-retirement living. Studies show that approximately one out of every three eligible workers choose NOT...
When Good Loans Go Bad

When Good Loans Go Bad

When Good Loans Go Bad The economic environment of the last few years created financial challenges for individuals and businesses alike. Even though the worst of the recession appears to be behind us now, some of those financial challenges have had a ripple effect...
The 401k Turns 40

The 401k Turns 40

The 401k Turns 40   In 2018, the 401(k) plan celebrated its 40th birthday! Though extremely popular today, 401(k) plans came about almost by accident. IRC Section 401(k) was passed into law as part of the Revenue Act of 1978 and was included to limit executive...