Deadline For Funding 401(k) Deferrals!

October 21, 2019 | posted in: Blog, Plan Sponsor Corner | by

Many employers think the deadline for depositing a 401(k) contribution is the 15th business day of the month after they withheld the contribution from an employee’s wages.
That is not correct, though.  Employers who wait until the 15th day of the following month to deposit deferrals might find out that they owe a penalty, among other unpleasant consequences.   Read More  »

Preparing For Life After Retirement – It’s Not JUST The Financials!

September 25, 2019 | posted in: Blog, Employee Education | by

Planning for a financially successful retirement is critically important, but you need to prepare for it emotionally too! Read on for 10 tips to do just that.

Confused Abut How the New Tax Law Affects You?

September 12, 2019 | posted in: Blog, Employee Education | by

Don’t worry, you’re not alone!  In 2018, the most significant changes to U.S. individual taxes since 1986 took effect. Now that there’s more clarity in the rules, and a better understanding of how the Tax Cuts and Jobs Act affects your personal tax situation, you may want to adjust your withholding to reflect the changes.  Click here to learn more.

What If You Want or Need to Claim Your Retirement Benefits Early?

September 9, 2019 | posted in: Blog, Employee Education | by

If you can’t or don’t want to wait until you’re 70 to claim your Social Security benefits, what are your options?  Age 69 seems to be the next best age for most; read more about this here.

Why Aren’t People Saving More In Their Plans?

September 5, 2019 | posted in: Blog, Employee Education | by

“If you hesitate to invest now, you’ll be paying for it later.”  American workers are facing a retirement crisis — and few are doing anything about it.  Here’s why people aren’t saving more in their 401(k) plans.

Compounding Interest: The 8th Wonder of the World!

August 27, 2019 | posted in: Blog, Employee Education | by

When should you start investing? Yesterday is one of the best answers we can think of. As Einstein suggested in his quote, compounding interest can be extremely powerful for investors over time. Compounding interest essentially means “interest on interest,” and it’s why so many long-term investors have been successful.  Click here for a quick explanation of why starting your retirement savings early can be so important.