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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.
Roth Matching and Nonelective Contributions – What Employers Need to Know

Roth Matching and Nonelective Contributions – What Employers Need to Know

By: Eric Droblyen

February 13th 2024

Roth matching and nonelective contributions will be available to 401(k) plans soon. Here’s what employers need to know to decide if they are right for their plan.
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401(k) Contribution Deductibility - What Employers Need to Know

401(k) Contribution Deductibility - What Employers Need to Know

By: Brian Furgala

August 15th 2023

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.
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Roth 401(k) Contributions — Answers to Common Questions

Roth 401(k) Contributions — Answers to Common Questions

By: Brian Furgala

May 9th 2023

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.
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Voluntary Contributions - Probably Not a Fit for Your 401(k) Plan

Voluntary Contributions - Probably Not a Fit for Your 401(k) Plan

By: Eric Droblyen

July 1st 2021

Voluntary 401(k) contributions are after-tax employee contributions like Roth deferrals, but subject to different ERISA rules.
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401(k) Contribution Limits - What You Need to Know

401(k) Contribution Limits - What You Need to Know

By: Eric Droblyen

July 1st 2021

Discover the 2024 401(k) contribution limits for employees and employers. Learn about IRS-defined limits, catch-up contributions, and ADP/ACP test limits for HCEs.
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401(k) Rollovers – What Employers Need to Know

401(k) Rollovers – What Employers Need to Know

By: Eric Droblyen

July 1st 2021

Learn everything you need to know about allowing or managing rollovers in your retirement plan.
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401(k) Contribution Deadlines – You Don’t Want to Miss Them!

401(k) Contribution Deadlines – You Don’t Want to Miss Them!

By: Eric Droblyen

January 9th 2019

When 401(k) contributions - employee or employer - are deposited late, there are consequences for employers. With some education, they are easily avoided.
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401(k) Matching Contributions – What Employers Need to Know

401(k) Matching Contributions – What Employers Need to Know

By: Eric Droblyen

June 13th 2018

401k matching contributions can be highly effective in motivating workers to save for retirement. Small businesses should understand their match options.
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Are Profit Sharing Contributions Right for Your 401(k) Plan?

Are Profit Sharing Contributions Right for Your 401(k) Plan?

By: Eric Droblyen

January 10th 2018

Pro rata, permitted disparity, and new comparability are types of 401k profit sharing contributions. Employers should know if they’re right for their plan.
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New Comparability 401(k) Plans - Are They Right for Your Small Business?

New Comparability 401(k) Plans - Are They Right for Your Small Business?

By: Eric Droblyen

April 19th 2017

Small businesses should consider new comparability profit sharing contributions when 401(k) plan goals include maximizing owner contributions at the lowest cost
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