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Safe harbor 401(k) vs. traditional 401(k): What’s the difference?

Genesis HR Solutions

If you’re a small business owner interested in starting a 401(k) plan for your employees, you already understand how they will benefit, but you should also understand how the plan will affect you. Sometimes, the traditional 401(k) plan doesn’t end up providing you the full benefit you’d hoped for.

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Why a 401(k) & HSA make the perfect power couple

Benefit Resource Inc.

If you’ve already finished the first season of Bridgerton on Netflix and are looking for another love story to dive into, we’re here to tell you about a love story for the ages: a 401(k) & HSA. 401(k) + HSA =. Both 401(k)s and HSAs are money-saving tools. So, what about a 401(k) & HSA?

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Best Of 2021: Employee Benefits Blog Posts and Downloads

Griffin Benefits

With nearly a half-million blog post views and tens of thousands of content downloads, here is some of our most popular content for the calendar year. 2022 IRS Contribution Limits for HSA, HDHP, FSA, 401(k). TOP FIVE DOWNLOADS OF 2021. TOP TEN BLOG POSTS OF 2021. Does Healthcare Consumerism Even Have A Chance?

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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

employer-sponsored 401(k) plans. Act seeks to: Open access to 401(k) retirement plans to more people Provide greater opportunities to save Offer financial incentives to save while removing common barriers and penalties So, what does the law require of employers? The SECURE 2.0 The SECURE 2.0 The SECURE 2.0 The SECURE 2.0

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Financial Planning Tips for Older Women

Money Talk

saving for later life in an IRA or 401(k) plan) while older women need “through retirement” goals. 401(k)s), tax-deferred accounts (e.g., The class for older women was based on content from the book Money Talk: A Financial Guide for Women that can be downloaded for free online.

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Keep Track of Your Beneficiaries

Money Talk

TSP, 401(k)s, and 403(b)s), and annuities so that proceeds can be transferred to beneficiaries free of probate. The downloadable form , Beneficiary and Personal Representative Designations, is useful to list beneficiary designations in one place. Typically, they are people or organizations that people care deeply about (e.g.,

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HSA contribution models: Which one is better?

Benefit Resource Inc.

During benefits enrollment, the phrase “Do the minimum to get the maximum” is commonly touted as a baseline employees can follow to ensure they are saving enough in their 401(k). Additionally, this model often results in employees prioritizing contributions to their 401(k), then putting money they can spare into an HSA.

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