As a small business owner, you may decide to start a 401(k) plan for any number of reasons, including the fact that a quality 401(k) plan can be a powerful recruiting tool. Every business wants to attract the best and the brightest. Showing potential employees you have a concern about...
ShareBuilder 401k is a simple, affordable 401k provider. We make saving for retirement easy – from the self-employed to small and medium-sized businesses.
this 401(k)-provider skimmed unnecessary fees from its clients' 401(k) assets for years. This landmark Supreme Court ruling, which was a unanimous decision, clearly indicates that the legal system is on the side of 401(k) savers
When small business owners decide to set up a retirement plan, they’re often surprised by how many types there are, and can have trouble finding the right fit for their business. Discover the differences between traditional 401(k) plans, safe harbor 401(k)s, and tiered profit sharing plans...
Plan sponsors gain access to an investment lineup where investment selection and ongoing monitoring is outsourced to a discretionary investment manager. TAG resources prepare, sign and file the 5500 on behalf of the company. Typically, this option is best suited for smaller businesses and organization...
IRS Publication 560, Retirement Plans for Small Business, under “Qualified Plans” IRS Publication 4222, 401K Plans for Small Businesses Solo 401K Discussion: Have you opened a Solo 401K? If so, why? Who is your broker? What Solo 401K tips do you have?
Individual 401k contribution calculation for a sole proprietorship, partnership or an LLC taxed as a sole proprietorship. Salary Deferral Contribution Although the term salary deferral is used, these businesses do not provide a W-2 salary to the business owner. The salary deferral contribution is bas...
More resources for your small business Start and grow your business Explore what you need to know to become your own boss. An HSA for your small business See why a Fidelity HSA®makes sense for small businesses and their employees.
For a distribution to be considered qualified, the 5-year aging requirement has to be satisfied, and you must be age 59½ or older or meet one of several exemptions (disability, qualified first-time home purchase, or death among them). Fidelity Brokerage Services LLC, Member NYSE, SIPC, ...
However, in recent years, 401k providers have designed internet-based, low-expense, and easily-administered 401k plans for small businesses. These new plans allow owners to provide employees (and themselves) a way to save for retirement at an affordable price. Source: Humaninterest.com, June ...