Small Business 401k Archive

Study: Millions of Business Owners Take Needless Risk with Retirement Plans

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Quick, who’s the fiduciary of your company’s 401(k) plan? If you don’t know chances are high that it’s you, the business owner. If your next thought was “What exact exactly is a fiduciary?” your problems might run deeper still. A… Continue reading

 

Do Your Employees Feel Bullish About Retirement?

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Contributions to 401(k) have remained stable over the past 15 months, but not everyone has been able to save for retirement in the manner they would prefer. According to BlackRock’s 2021 “DC Pulse Survey,” 57% of respondents stated that the… Continue reading

 

Small Business Owners, Don’t Leave Any 401(k) Money On the Table!

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Although the SECURE Act became law more than a year ago, many small business owners still aren’t aware of the multitude of ways that it rewards small businesses that make easy for their employees to save for retirement. First and… Continue reading

 

The Case for Hiring a 3(38) 401(k) Retirement Plan Advisor

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If you don’t feel that you have the in-depth financial knowledge necessary to manage your company’s 401(k) portfolio, you aren’t alone. According to a Charles Schwab survey, 52% of 401(k) plan managers indicated they don’t have the time, interest or… Continue reading

 

Congress to Review ‘Set It and Forget It’ Target Date Funds

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Along with the entire Rebalance Better K team, I have long been wary of a “set it and forget it” strategy when it comes to 401(k) management. The reason for this is simple: life changes, the world changes, and your… Continue reading

 

Price Check: Does Your 401(k) Plan Measure Up?

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As a nation we’ve become hyper-aware of pricing on nearly everything. Before, if you were interested in a pair of new sneakers or tires for your car, you could shop around but only at the cost of your time and,… Continue reading

 

Most Plan Participants Clueless About 401k Fees

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Findings from a recent survey of consumers and their 401k plans present a classic good news/bad news scenario. The good news? The survey found 62% of Americans are contributing more into their 401k accounts as a result of the COVID-19… Continue reading

 

Are Pooled Employer Plans Right For You?

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Brand new to the 401(k) marketplace as of January 1 2021, Pooled Employer Plans (commonly referred to as PEPs) are made possible thanks to the SECURE Act. PEPs allow unrelated employers to “pool” together, along with other employers (traditionally small… Continue reading

 

5 Questions to Ask Before Hiring Your Company’s 401(k) Advisor

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Many business owners think about their 401(k) advisor as primarily focused on investment selection — which funds to buy and why, like a stockbroker might do. They tend to miss the rest of the iceberg under the water: administrative tasks,… Continue reading

 
    
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