The interest in 3(16) Fiduciary Services is not slowing down. Yet, these services may not be the best option for every retirement plan. Not all 3(16) fiduciaries offer the same services, and not every plan sponsor needs the same assistance with administrative duties.

Before 2020, retirement financial planning could be hopefully anticipated towards a restful, secure future; nowadays, those plans have upturned, making retirement seem like an impossible dream.

Are you a small business owner looking to save time and streamline your payroll and administrative processes related to your 401(k) retirement plan?

When setting up your company’s retirement plan options you want to make sure all your employees benefit and that your company sees some tax benefits. Choosing between qualified vs non-qualified retirement plans or a mix of the two can help all your employees and your company benefit. What are the differences between these options though?

401(k) employer contribution rules can be complicated, especially if you have not been a plan sponsor for long. Do you have to match your employee’s contributions?

One size does not fit all when it comes to the design of a retirement plan. A well-designed retirement plan not only gives employees a way to build a financially secure future, but it also is a valuable tool for the employer to obtain and retain quality employees.