Small Business 401k Archive

Secure 2.0: Wide-Sweeping Retirement Legislation Passed by Congress

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At Rebalance, we strive to make investing and saving for retirement smoother, safer, and easier for our small business owner clients and their employees with our BetterK solution. The recent passage of the new Secure Act 2.0 aims to expand access to retirement plants, increase retirement savings, help Americans preserve income, and streamline retirement plan… Continue reading

 

Big Retirement Plan Mergers May Leave Business Owners Holding the Bag

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Retirement plan mergers have changed the face of the 401(k) market, and not necessarily in favor of business owners. There were once a small number of big names in retirement, leading players who were record keepers for thousands of companies and millions of employees: Prudential, Mass Mutual, Wells Fargo, Fifth Third Bank, New York Life,… Continue reading

 
small business retirement plan design

5 Crucial Elements of Small Business Retirement Plan Design

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Business owners often adopt best practices when it comes to a new product or service. They should take the same approach toward small business retirement plan design. It’s easy to assume that all plans are the same. They are not. That’s why design matters. In our experience, no matter the size of your business, there… Continue reading

 
Your 401(k) Plan and Risk

Your 401(k) Plan and Risk: Understand the Fine Print

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Who reads the fine print? Anyone? Of course not. Not on your new cellular phone and even less when entering any given website full of cat videos. But what about a 401(k) plan at work? You’d think that would deserve a close read. A client of mine shared the contract he got from one plan… Continue reading

 
401(k) Day Know Your Numbers: Rebalance's 401(k) Platform BetterK Has Saved Plan Participants up to 50% in Fees Over the Past Two Years

401(k) Day Know Your Numbers: Rebalance’s 401(k) Platform BetterK Has Saved Plan Participants up to 50% in Fees Over the Past Two Years

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Employee Participation in BetterK Client Retirement Plans Currently Averages 88% BETHESDA, Md. & PALO ALTO, Calif. Sept. 7, 2022—In recognition of the Plan Sponsor Council of America’s National 401(k) Day, which this year features the theme “Know Your Numbers,” award-winning wealth management firm Rebalance is pleased to share significant numbers.  These numbers illustrate how Rebalance’s… Continue reading

 

Are Your 401(k) Plan Costs Average? Or Way Out of Line?

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If you’re like many small business owners you probably started a 401(k) plan years ago and, since it’s been running fine, left it well enough alone.  You have a business to run, right? Shopping for a new 401(k) provider probably isn’t top of your to-do list, this week or even this year.  Yet you should… Continue reading

 
better retirement help for women

Why Women Deserve A Better Retirement Savings Plan

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The challenges women face when it comes to retirement are well-documented: They earn less than men, spend more years out of the workforce providing family care, and they live longer. As a result, experts note, women often need help to invest well and overcome these long-term challenges. It thus behooves employers to offer a better quality… Continue reading

 
what employees want

What Do Employees Want? Better 401(k) Advice For Starters

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A new survey by Schwab asked retirement savers what they need to improve their 401(k) saving outlook. It identified four key areas around planning. Understandably, the concerns related to some of the thorniest issues of retirement saving: setting goals, investing, income and taxes. Many business owners leave it up to employees to make their own… Continue reading

 
Sharp Rise in 401(k) Lawsuits Now Threatens Small Businesses

Sharp Rise in 401(k) Lawsuits Now Threatens Small Businesses

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A sharp rise in lawsuits over 401(k) retirement plan fees is driving up costs for business owners — and the risks are spreading to small firms, according to legal experts. The cases revolve around who is liable for whether a plan is priced competitively. High fees dampen returns, leading workers to blame their employers for… Continue reading