
Explaining the Benefits of a 401(k) to Young Adults Entering the Workforce
If you have a child graduating from high school or college and entering the workforce, they may have the opportunity to open up a 401(k) through their new employer.
If you have a child graduating from high school or college and entering the workforce, they may have the opportunity to open up a 401(k) through their new employer.
California Business Owners with five or more employees must participate in the CalSavers Retirement Savings Program if they do not already have a workplace retirement plan. Deadlines to participate are coming up and some have passed. However, CalSavers isn't a business owners' only option. And not the best option!
As a small to mid-sized business owner, offering a 401(k) is a great incentive for attracting and retaining employees. Get started by following these 3 important steps.
If you aren't thrilled with your current 401(k) plan and not sure what to do about it. Maybe it's the high fees, the lack of support and customer service, or poor financial performance making you re-evaluate your 401(k) provider. The first step is to consider the pros and cons of your current provider.
Tony Hsieh, former CEO of Zappos, died at 46 due to smoke inhalation from a house fire over the 2020 Thanksgiving holiday. Several months prior, Hsieh retired from his position as CEO of Zappos with an estimated net worth of $840 million.
16.1% of employers have cut matching 401(k) contributions in light of COVID-19. If you are considering suspending your 401(k) matching, here are the next steps your employees should be taking right away to still save for retirement.