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.
Safe Harbor 401(k) Plans: Answers To Common Questions
Safe harbor 401(k) plans are increasingly popular with small businesses. Our FAQ can help owners decide if one is right for their company.Read More
Traditional Safe Harbor 401(k) Plan vs. QACA – How to Choose
There are two basic types of safe harbor 401(k) plans available today – traditional and QACA. Business owners should understand their differences.Read More
Safe Harbor or Traditional 401(k) Plan – How to Decide
Safe harbor 401(k) plans are the most popular type of 401(k) used by small businesses today, but they are not the best fit for every small business.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
401(k) Eligibility: When to Let Employees Join Your 401(k) Plan
Company goals, employee demographics and plan features are all factors small business 401k fiduciaries should consider when choosing 401k eligibility termsRead More
Plan Participation Problems? No Problem
Sometimes it can be a struggle for plan sponsors to encourage participation in their company’s 401k plan. Plan design options as well as participant education can make a huge difference in participant interest and enthusiasm about saving.Read More
401(k) Plan Design – Our Checklist Can Make the Process Simple
401(k) plan design for small businesses does not need to be difficult. Retirement plan eligibility, compensation, contributions, vesting, distributions and loans are the basics.Read More
Reforming Roth provisions may be key to improving savings rates for Millennials. My proposal.
Millennials are not saving enough for retirement. The Roth 401k concept is outstanding and provides an excellent way to build long-term wealth with tax benefitsRead More