Non-401k Retirement Plans

404(a)(5) Participant Fee Disclosures: Rules & Requirements

When it comes to 401(k) plans, transparency is crucial - especially when it comes to fees. After all, over 35 years, even an innocent-sounding 2% fee can consume up to half of the returns from the retirement savings you worked so hard for. That's why the government requires plan

403(b)

Who Are The Top 403(b) Providers in 2022?

A 403(b) is a big deal - in fact, they’re the second most common type of defined-contribution plan out there. With higher education and healthcare accounting for nearly three-quarters of all 403(b) assets, this type of plan is often the go-to for nonprofits of all sizes.

Non 401k Retirement Plans

What you need to know right now about the CalSavers law

Owning a small business usually means wearing many hats, occasionally putting out fires, and constantly looking for more time to spend on the reason you started your business in the first place. The CalSavers law may feel like just another distraction, but the silver lining is that it could help

Small Business 401(k)

CalSavers vs 401(k): Weighing the pros & cons for your business

Think it doesn’t matter whether you choose to join CalSavers or add a 401(k) plan? Think again: Four out of five employees surveyed (79%) prefer benefits over a pay raise — for nearly a third of those (31%), that means a retirement plan like the 401(k). (1) Setting

Non 401k Retirement Plans

CalSavers: You have to do something, so do the right thing

Too many Californians are saving too little for retirement. Baby boomers, the first generation to expect to retire without a pension, are nearly five times more likely to declare bankruptcy than the prior generation.* This is no surprise, since many never had access to a retirement savings program, such as

Personal Finance

To Roth or Not To Roth

What's the difference between a traditional 401(k) and a Roth 401(k)? We explain the difference and how to weigh up which option is better for you.

403(b)

403(b) Fiduciary: Is Your Advisor Acting In Your Company’s Best Interests?

It would be perfectly logical to assume the advisor who helps you with your 403(b) plan’s investments would be acting in your employees’ best interest. And while your advisor may very well be putting your 403(b) plan first, not everything is logical when it comes to advisor

Small Business 401(k)

Retirement Plan Types: 401(k) vs SEP IRA, SIMPLE IRA, and Solo 401(k)

So you’re thinking about investing in a retirement plan for your small business? Great idea! You’ll have the opportunity to grow your retirement nest egg with tax deferred savings, and your contributions can reduce taxable income. But if you are reading this post, you already know there are

401(k) Basics

What Is A 401(a) Plan?

Among the alphabet soup that describes the defined contribution world, 401(a) plans are among the lesser known. The 401(a) primarily covers government employees, including those employed by schools and universities. While it could serve as an employer’s sole retirement plan, the 401(a) is often offered along

Non 401k Retirement Plans

457(b) vs. 401(k): What are the key differences?

If you have narrowed your answer down to a) a passenger jet or b) a type of retirement plan, congratulations! A 457(b) is a retirement plan offered by a state or local government entity, or a non-profit organization. These plans are much less common than the familiar 401(k)

403(b)

401(k) and 403(b) Education: How to Set Up Employees for Success

When it comes to educating participants, plan sponsors running ERISA retirement plans must, at a minimum, notify employees annually that they have the right to participate in the plan, or to make changes. But there is a lot more plan sponsors should do to help employees save for retirement besides

403(b)

Average 403(b) Fees: How Do Yours Compare?

Here’s some good news: it is costing non-profit organizations less to operate their 403(b) plans. That’s the conclusion of the 2016 BrightScope/ICI survey that examined ERISA plan data between 2009 and 2013. Average total plan costs fell to 0.73% of assets in 2013 (the latest

403(b)

How to Automate 403(b) Administration

If your organization offers a non-profit retirement plan then your employees are equipped with a great way to save for retirement. But that can also mean some heavy duty administration for your organization. For example, if you offer an ERISA plan you will need to file the information-heavy IRS Form

403(b)

Nonprofit Retirement Plans: An Overview of 403(b) Options

A 403(b) retirement plan is often described as a “401(k) for nonprofits.” The two defined contribution plans are certainly similar, but there are important differences between them. The 403(b) actually predates the 401(k) by several decades. The 403(b) was introduced in 1958 as a supplemental

403(b)

Four Reasons To Hire A 403(b) Advisor For Your Plan

If your non-profit organization is offering employees a 403(b) plan, then your team has an important savings tool at their disposal. Keeping a retirement plan like a 403(b) running smoothly can be a lot of work, and many non-profits turn to a 403(b) advisor for help. It’

403(b)

401(k) vs 403(b): Differences In Investments, Compliance, and Administration

Whether you’re benchmarking your nonprofit’s current retirement benefit or growing out of your current solution, ForUsAll has compared the main differences between 403(b) and 401(k) plans. In the past, 403(b) plans were easier to administer for many nonprofits – so your nonprofit’s first retirement plan

Non 401k Retirement Plans

401(k) vs. IRA

When it comes to setting up a retirement plan, many small business owners end up wondering which is best – a 401(k) or an IRA. The answer used to be pretty simple. Even though 401(k)s generally offered more flexibility to small business owners and higher pre-tax savings limits,