For some young adults, retirement planning may be in the back of their minds but not considered a priority or taken seriously. However, the earlier you start planning for your retirement the more likely you are to experience the benefits of retirement planning. What are the benefits of retirement planning though? Here are just some of the benefits that come with planning for your retirement. Benefits of Retirement Planning Peace of Mind For many adults, the stress that comes

Plan Sponsors bear many responsibilities of overseeing an employer-sponsored retirement plan, such as gathering data, communicating with servicing providers, providing information to employees, and much more. These duties can be quite burdensome, especially when combined with the other daily responsibilities required of the Plan Sponsor in his or her role within the company. Plan Sponsors are looking for advisors who will help them navigate these duties, not add to their admi

When it comes to saving for retirement, companies offer many different types of retirement plans. Among the most popular are 401(k) plans which allow employees to contribute a percentage of their income to their personal retirement account. With a 401(k) plan, most employers will match a portion of the employee's contribution, providing an immediate boost to the individual's savings. However, the perks don't stop here, let's discuss some of the lesser-known benefits of 401(k)

By offering a 401(k) plan to your employees, you provide a useful perk for working at your company and helping them save for retirement. For many, it may also influence them in accepting a job offer. Along with a retirement savings plan, employers may also offer employer matching contributions on employee deferrals. What exactly does that mean and what are the pros and cons of doing so? Let's talk about it. What is a 401(k) Employer Matching Contribution? Employers who offer

Employer-sponsored retirement plans such as a 401(k) provide companies and employees with numerous benefits. When establishing a 401(k), you will designate an individual or committee within your company that is responsible for the establishment of the plan document, communication, compliance, and more. In this blog, we are going to uncover the 12 things that every 401(k) Plan Sponsor needs to know including tips and responsibilities. What are a Plan Sponsor's Responsibilities

As in any industry, retirement plan administration is full of professionals who hold various credentials, designed to distinguish them from the sea of competition. It is important for Plan Sponsors and Advisors to understand these designations so they can choose the best fit for the retirement plans they service. When searching for a Third Party Administrator to service a retirement plan, one should focus on firms who employ professionals with the Qualified 401(k) Administrat