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.

Employee contributions in 2022 now cap at $20,500, with catch-up contributions still at $6,500. Full details on the 2022 plan limits and how they compare to the past two years are available below. If you have any questions about these limits, please let us know how we can help!

Choosing a retirement plan administrator is not an easy task; after all, these are the individuals helping you and your employees prepare for their futures.

Retirement plans can be challenging to administer and errors can be easily made. According to the IRS, these 401(k) contribution errors are quite common and could lead to penalties.

Did you know that offering your employees qualified retirement plans can help employers, employees, and self-employed individuals benefit from tax savings?