Having a vested retirement plan is a great employee benefit. But with so many variations, options, and schedules, business owners and employees can struggle to understand what it really means. That’s why we’ve compiled everything you need to know about vesting below....
If times get tough due to an unexpected expense, you could get some financial relief with a hardship distribution. If you’re a member of an eligible retirement plan (like peppermint), a withdrawal of funds could be possible. But there’s a catch. The IRS outlines...
Thinking of investing in retirement differently? You’re not alone. With better (and more effective) cost-saving measures, Pooled Employer Plans (PEPs) are growing in popularity. But, before you start a new 401k, make sure you understand the different types of PEP...
The COVID-19 pandemic has employers of all sizes re-evaluating pre-tax retirement savings options. While offering a retirement plan was once too cost-prohibitive or difficult to be viable for small employers, new Pooled Employer Plans (PEPs) offer an easier and better...
It’s common knowledge that 401k plans benefit employees. But a frequent question about these plans is, how can they help employers? To answer concisely, employers like 401k plans because they save them tons of money. That’s because the IRS now offers businesses...
