The Frugal Fiduciary Small Business 401(k) Blog
Get the latest industry news, deadlines and tips you need to know to help tackle your fiduciary responsibility needs.
401(k) Contribution Deductibility - What Employers Need to Know
Understanding the deduction rules for 401(k) plan contributions can significantly reduce your business’s tax liability. These rules boil down to limits and timing.Read More
Roth 401(k) Contributions — Answers to Common Questions
Historically, low income tax rates make Roth 401(k) contributions more affordable than ever. This FAQ can help you decide if they are right for you.Read More
Voluntary Contributions - Probably Not a Fit for Your 401(k) Plan
Voluntary 401(k) contributions are after-tax employee contributions like Roth deferrals, but subject to different ERISA rules.Read More
401(k) Contribution Limits - What You Need to Know
Discover the 2023 401(k) contribution limits for employees and employers. Learn about IRS-defined limits, catch-up contributions, and ADP/ACP test limits for HCEs.Read More
401(k) Rollovers – What Employers Need to Know
Learn everything you need to know about allowing or managing rollovers in your retirement plan.Read More
401(k) Contribution Deadlines – You Don’t Want to Miss Them!
When 401(k) contributions - employee or employer - are deposited late, there are consequences for employers. With some education, they are easily avoided.Read More
401(k) Matching Contributions – What Employers Need to Know
401k matching contributions can be highly effective in motivating workers to save for retirement. Small businesses should understand their match options.Read More
Are Profit Sharing Contributions Right for Your 401(k) Plan?
Pro rata, permitted disparity, and new comparability are types of 401k profit sharing contributions. Employers should know if they’re right for their plan.Read More
New Comparability 401(k) Plans - Are They Right for Your Small Business?
Small businesses should consider new comparability profit sharing contributions when 401(k) plan goals include maximizing owner contributions at the lowest costRead More
What’s Old Is New Again: “Mega Back Door” Roth IRA Contributions Spark New Interest in Old School After-Tax Contributions
Simplified Roth IRA rollover rules have raised much media buzz about 401k after-tax contributions resulting in many small business owner inquiries.Read More