There’s long since been a coverage gap in the retirement industry, especially when it comes to small businesses. In fact, according to LIMRA, only four in ten small businesses offer any type of retirement benefit to employees. As a result, too many Californians are...
You started a 401(k) plan for your business, but you’re continuously wracking your brain with the extra administrative work it requires. From running the program and choosing investments to keeping costs low and maximizing participation, the responsibilities on...
Do you believe that 401(k) plans are only for large businesses? Think again. Today’s top employees want more than just a good paycheck. Offering a retirement plan is a no-brainer for winning the talent war! After all, the days of retiring with a pension and...
The Internal Revenue Service announced that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from $19,500 for 2021 and 2020. The IRS also distributed information regarding the cost‑of‑living adjustments affecting dollar...
Are you a Plan Sponsor who has just received your annual liability insurance renewals? You may have received some unpleasant surprises: Increased liability insurance premiums,Limits on liability coverage,More restrictions and exclusions,Higher risk-retention...
The Employee Retirement Income Security Act (ERISA), established in 1974, is a federal law that has established guidelines that Plan Managers must follow in order to protect plan participants. ERISA covers both Defined Benefit and Defined Contribution plans offered by...
