In October 2022, the Internal Revenue Service significantly raised the contribution limits for 401(k)s and other plans effective in 2023. As plan sponsors begin to think about how to communicate these contribution increases to employees, it’s a perfect opportunity to...
Have you taken your savings to the next level and made your money work harder for you? As we kick off a new year, it can be a great time to commit to saving successfully and being fiscally responsible. It’s also an opportune time for us all to analyze our existing...
Much has been made of the current state of the American worker as it pertains to their retirement savings. According to a recent study by the General Accountability Office, 29% of Americans 55 and older do not have any retirement savings or pension plan and those who...
From decoding key ERISA regulations to keeping abreast of fees and providing educational support to workers, there are many responsibilities that sponsors possess. Some business owners even forgo offering a 401(k) to their employees because they fear they don’t have...
If you’re a decade or so away from retirement, you’ve probably spent at least some time thinking about this major life event. How will you manage the transition? Will you travel, take up a new sport or hobby, or spend more time with friends and family? Should you...
