Small Business Archives - Page 2 of 2 - 401(k) Solved

Say Goodbye To 401(k) Waiting Periods

Many Americans struggle with saving enough for retirement and rely on time to help them out, but without extra time on their side, they’re put into more of a disadvantage. The longer they go without saving, the less money they will have in retirement.

Choosing The 401(k) Plan That’s Best For Your Small Business

You’re concerned for your employees and have a genuine interest in setting up the best 401(k) plan for your company. So, how do you know the choice you’re making is the right one?

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Choosing A Safe Harbor 401(k) For Your Small Business

A fan favorite amongst small business owners, Safe Harbor plans are similar to traditional 401(k) plans, with the exception of the added benefit of passing non-discriminatory testing (NDT). This isn’t the only difference between the two, however.

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How Your Small Businesses Can Benefit From a 401(k) Plan

Offering your employees a 401(k) can have many benefits for you and your employees, and with Saveday, you don’t have to worry about fees or management.

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A 401(k) Is The Best Gift You Can Give

Finding gifts for your employees is expensive and stressful on your budget, especially if you’re a small business owner. The great thing is that 401(k) plans don’t have to cost you anything, making it a budget-friendly gift option.

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What To Expect When Starting A 401(k) Plan

Taking the next step in your business and establishing a 401(k) may have you wondering, “What’s involved with setting up a 401(k)?” You are not alone.

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Debunking 4 Myths Surrounding Small-Business 401(k) Plans

Considering opening a 401(k) plan for your business, but concerned about the process or qualifications? Fear not. We’re debunking some of the top myths surrounding small business 401(k) plans and why you shouldn’t let these myths stand in the way of you or your employees’ retirement planning goals.

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401(k) Fees Are A Thing Of The Past

If you’ve shopped around for 401(k) providers, then you have probably been comparing plans and evaluating fees. The harsh truth is that many 401(k) providers are either charging for fees that they shouldn’t, or they are simply overcharging.

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Small 401(k) Plans Cost More Than Large 401(k) Plans…

…and it’s preposterous!

Plans with fewer assets are charged more for managing/administering a 401(k) than plans with more assets, according to data from the 401k Averages Book 19th Edition. And, that is not the only driver for cost disparity. Even plans with similar account balances may be charged differently.

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5 Lies About 401(k)s… And It’s Hurting Your Business

Why do so few businesses offer benefits to their employees? Let’s take a look at 5 lies about 401(k) plans that might be hurting your business.