As a small business owner, you face the crucial task of planning for your financial future and that of your team. Have you considered the defined benefit plan? This retirement option promises a set retirement income and is gaining...
As a self-employed professional, plotting your financial trajectory is vital. But have you ever considered a defined benefit plan? This retirement choice ensures a predetermined income and is becoming increasingly relevant for professionals like you.
While some see it as...
At first thought, retirement planning can seem like a complex undertaking for employers, particularly when considering the numerous retirement plan options and the specific needs and goals of their employees. However, it is a key part of any benefits...
California employers are required to offer retirement plan services as part of their employee benefits program. These services can include setting up retirement plans, managing fiduciary responsibilities, and educating employees about retirement planning.
Retirement plan services can be a valuable...
A well-structured 401(k) plan can distinguish your company, serving as a crucial employee benefit. However, the nuances of crafting a tailored retirement plan, aligned with both company objectives and employees' financial aspirations, can be overwhelming to say the least.
In...
In today's evolving business landscape, you, as a small business owner, constantly seek strategies to foster growth, sustainability, and a competitive edge. Every decision you make reflects your commitment not only to the success of your business but also...
Running a small business is rewarding, but it can also be demanding. Among the myriad of responsibilities on your plate, managing your employees' retirement plans can be one of the most complex. Thankfully, a Third-Party Administrator (TPA) makes things...
While working through the complexities of managing your business’s retirement and health benefits, you’ve likely come across the term ERISA. ERISA, or the Employee Retirement Income Security Act of 1974, sets standards that impact many voluntarily established retirement and...
Selecting the appropriate retirement plan can be daunting, particularly for business owners responsible for safeguarding their employees' financial futures. Numerous options exist, but each comes with its own set of advantages and disadvantages.
In this article, you’ll learn about the...
Entrepreneurs can choose from multiple methods to save for their retirement and that of their staff. However, with numerous choices available, determining the right plan for you and your business can be challenging.
One option is a Simplified Employee Pension...
