November 20, 2022

What Is a 401K and How Does It Work? - Just Start Investing
What Is a 401K and How Does It Work? – Just Start Investing

If you’re starting work or have been employed for a while but haven’t established a retirement fund, one of the simplest methods to get created is by contributing to an employer-sponsored 401(k) plan. This is a popular retirement savings option for both employers and employees. Many companies make it part of their employee benefits package.…

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Why Your 401K is Tanking [Video] – Mary Patriot News
Why Your 401K is Tanking [Video] – Mary Patriot News

Scorecards And Voter Guides – With Kimberly Fletcher Of Moms For America: It’s almost election time! Did you know people are more likely to vote when they feel informed? But, where can one get accurate information on candidates? Today, we’re sharing some great resources that you can use and pass along to others. Tune in…

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[Updated]: IRS Grants Three-Year Extension for 401k Plans’ Adoption of CARES and SECURE Act Amendments – Sequoia
[Updated]: IRS Grants Three-Year Extension for 401k Plans’ Adoption of CARES and SECURE Act Amendments – Sequoia

[UPDATED] Employers will want to take note that on September 26, 2022, the Internal Revenue Service (IRS) released Notice 2022-451, which in combination with Notice 2022-33, now extends all 401k calendar year plan amendments under both the CARES and SECURE Act until December 31, 2025. Prior to this Notice 2022-45 extension, the IRS required that…

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How Common is it for a Startup to Offer a 401K?
How Common is it for a Startup to Offer a 401K?

It is very uncommon for a startup to offer 401K to its employees. In fact, only 10% of small business or startup companies offer 401K to their employees. The usual size of these companies is 1 – 100 employees. Key Takeaways 90% of small business or startup companies don’t offer any type of retirement plan…

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