401(k) Plans: 5 Main Benefits and Purpose

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In today’s highly competitive job market, where skilled professionals are in high demand, small businesses must go above and beyond standard employee benefits to attract and retain top talent. One essential component that plays a vital role in this endeavor is the provision of a robust retirement benefits package, including a 401(k) plan. But what…

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4 Basics of 401(k) Plans Employees Need to Know

401(k) plans have become the most popular form of employer-sponsored retirement saving. Pensions have slowly dwindled in usage, making 401(k)s the most dominant way to save. These plans are highly prosperous as there are benefits for both employers and employees. If done well, each party will save money on taxes. However, the possibility that the…

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Retirement Plans for the Small Business Owner: The Solo 401k

Self-Employed individuals and owner-only (and the owner’s spouse) businesses and partnerships can save more for retirement through a 401(k) plan. The Self-Employed 401(k) allows you to take advantage of this increased retirement and tax savings opportunity with a full range of investment options.
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